HB5566 — AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED-LIABILITY COMPANY ACT

HB5566 — AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED-LIABILITY COMPANY ACT · Informed CitizenryThis bill amends the Rhode Island Limited-Liability Company Act by adding a new section, 7-16-40.1, titled "Avoidance of dissolution by buyout." It allows one or more members of a limited liability…Open in Informed Citizenry