H7339 — Permits a member or members of a limited-liability company to avoid dissolution by buying the membership interest owned by the other member or members seeking dissolution.

H7339 — Permits a member or members of a limited-liability company to avoid dissolution by buying the membership interest owned by the other member or members seeking dissolution. · Informed CitizenryThis bill updates the Rhode Island Limited-Liability Company Act concerning how LLCs handle potential dissolution among their members. Currently, if some members wish to dissolve an LLC, the proces…Open in Informed Citizenry