A limited liability company is dissolved and its affairs shall be wound up only upon the happening of the first to occur of the following:
- (A) at the time or upon the occurrence of events specified in writing in the articles of organization or an operating agreement;
- (B) the written consent of all members;
- (C) an event of dissociation of a member, unless, (1) within ninety days after a member dissociation a majority in interest of the remaining members (or any greater percentage as provided in the operating agreement) agree in writing to continue the business of the limited liability company ("a majority in interest" shall require the majority vote of both those members owning a majority of the capital and also those holding a majority of the profits and losses) and, (2) there are then two or more members of the limited liability company remaining;
- (D) entry of a decree of judicial dissolution under Section 33-43-902 or Section 33-43-1105; or,
- (E) administrative dissolution pursuant to Section 33-43-901.1.