- (a) The dissolution of a limited liability company is a change in the relationship between the members, not the winding up or the termination of the limited liability company.
- (b) On dissolution, the limited liability company is not terminated but continues until terminated in accordance with § 4A-908 of this subtitle.
Added by Acts 1992, c. 536. Amended by Acts 1997, c. 659, § 1, eff. Oct. 1, 1997.