Certificate Of Dissolution {LLC-3}

LLC-3 - CERTIFICATE OF DISSOLUTION LIMITED LIABILITY COMPANY (LLC) (CALIFORNIA LLC ONLY). The dissolution of this LLC was caused by one of the following circumstances: • The happening of an event as set forth in the Articles of Organization or in the LLC’s written Operating Agreement. • The vote of 50 percent or more of the voting interests of the members of the LLC or a greater percentage of the voting interests of members as specified in the Articles of Organization or written Operating Agreement. • The passage of 90 consecutive days during which the LLC has no members, except on the death of a natural person who is the sole member of the LLC, the status of the member, including a membership interest, may pass to the heirs, successors and assigns of the member by will or applicable law. • The entry of a decree of judicial dissolution pursuant to California Corporations Code section 17707.03. The Certificate of Dissolution puts all on notice that the LLC has elected to wind up the business of the LLC and is in the process of paying liabilities and distributing assets. In order to terminate the LLC, the LLC also must file a Certificate of Cancellation (Form LLC-4/7). www.FormsWorkflow.com