Kansas Statutes Annotated
Updated Through the 2014 Legislative Session

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Statute Number:17-76,106
Chapter Title:CORPORATIONS
Article Title:LIMITED LIABILITY COMPANIES
Tax Type:Corporate Income Tax; Corporation Franchise Tax
Brief Description:Resignation of member.
Keywords:


Body:

17-76,106.Resignation of member.(a) A member may resign from a limited liability company only at the time or upon the happening of events specified in an operating agreement and in accordance with the operating agreement. Notwithstanding anything to the contrary under applicable law, unless an operating agreement provides otherwise, a member may not resign from a limited liability company prior to the dissolution and winding up of the limited liability company.
(b) Unless otherwise provided in an operating agreement, a limited liability company whose original articles of organization were filed with the secretary of state and effective on or prior to June 30, 2014, shall continue to be governed by this section as in effect on June 30, 2014, and shall not be governed by this section.
History:L. 1999, ch. 119, 45; L. 2014, ch. 40, 34; July 1.



Date Composed: 11/14/2014 Date Modified: 11/14/2014

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