35-8-915: Ambiguity in operating agreement regarding dissolution.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT
- Part 9. Dissolution
If there is an ambiguity in an operating agreement between a construction in favor of maintaining the existence of a limited liability company or in favor of the dissolution of a limited liability company, the operating agreement must be construed in favor of maintaining the existence of the limited liability company.
Collected 2026-09-14T04:53:17Z. Source file · JSON