{"data":{"id":"us-id/idaho-code-30-25-701","jurisdiction":"us-id","citation":"Idaho Code § 30-25-701","heading":"EVENTS CAUSING DISSOLUTION.","body":"(a) A limited liability company is dissolved, and its activities and affairs must be wound up, upon the occurrence of any of the following:\n(1) An event or circumstance that the operating agreement states causes dissolution;\n(2) The affirmative vote or consent of all the members;\n(3) The passage of ninety (90) consecutive days during which the company has no members unless before the end of the period:\n(A) Consent to admit at least one (1) specified person as a member is given by transferees owning the rights to receive a majority of distributions as transferees at the time the consent is to be effective; and\n(B) At least one (1) person becomes a member in accordance with the consent;\n(4) On application by a member, the entry by the district court of an order dissolving the company on the grounds that:\n(A) The conduct of all or substantially all the company’s activities and affairs is unlawful; or\n(B) It is not reasonably practicable to carry on the company’s activities and affairs in conformity with the certificate of organization and the operating agreement; or\n(C) The managers or those members in control of the company:\n(i) Have acted, are acting, or will act in a manner that is illegal or fraudulent; or\n(ii) Have acted or are acting in a manner that is oppressive and was, is, or will be directly harmful to the applicant; or\n(5) The signing and filing of a statement of administrative dissolution by the secretary of state under section 30-21-602, Idaho Code.\n(b) In a proceeding brought under subsection (a)(4)(B) of this section, the court may order a remedy other than dissolution.","path":["TITLE 30 CORPORATIONS","CHAPTER 25 LIMITED LIABILITY COMPANIES","PART 7 DISSOLUTION AND WINDING UP"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title30/t30ch25/sect30-25-701/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:18:38Z","sha256":"4f0f469e882fe2c71b33ad733a2df5b37ded4bd76f2bf2225e5bb0592ef641c8","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-30-25-603","next":"us-id/idaho-code-30-25-702"},"notice":"GroundRules: Original legal text. Not legal advice."}