Unless otherwise provided in writing in an operating agreement:

1. (A) The business or affairs of the limited liability company may be wound up by the members or managers who have authority pursuant to Section 33-43-401 to manage the limited liability company before dissolution, and who have not wrongfully dissociated. Provided, however, that upon the application of any member, a member's legal representative, or assignee, the court of common pleas may order, if one or more of such members or managers has engaged in wrongful conduct or upon other cause shown, judicial supervision of the winding up.

2. (B) The persons winding up the business or affairs of the limited liability company may, in the name of, and for and on behalf of, the limited liability company:

   1. (1) preserve the limited liability company business or property as a going concern for a reasonable time;
   2. (2) prosecute and defend suits;
   3. (3) settle and close the business of the limited liability company;
   4. (4) dispose of and transfer the property of the limited liability company;
   5. (5) discharge the liabilities of the limited liability company;
   6. (6) distribute to the members any remaining assets of the limited liability company; and,
   7. (7) perform other necessary acts, including settlement of disputes by mediation or arbitration.