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A limited liability company is dissolved and its affairs shall be wound up when any of the following occurs:
- By unanimous vote of all members entitled to vote.
- Automatically at the time specified in the articles of organization.
- Upon the happening of an event specified in the articles of organization or in the operating agreement, include a vote of members.
- Automatically upon entry of a decree of judicial dissolution
Upon dissolution of a limited liability company under items 1 or 3, a Certificate of Dissolution (CSCL/CD 731) shall be filed. A tax clearance must be requested from the Michigan Department of Treasury within 60 days of filing the dissolution.
NOTE: If an LLC is currently not in good standing status, in order to file a dissolution form, the LLC must first restore good standing.