{"data":{"id":"us-sc/s.c.-code-ann.-33-44-802","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-44-802","heading":"Limited liability company continues after dissolution.","body":"(a) Subject to subsection (b), a limited liability company continues after dissolution only for the purpose of winding up its business.\n(b) At any time after the dissolution of a limited liability company and before the winding up of its business is completed, the members, including a dissociated member whose dissociation caused the dissolution, may unanimously waive the right to have the company's business wound up and the company terminated. In that case:\n(1) the limited liability company resumes carrying on its business as if dissolution had never occurred and any liability incurred by the company or a member after the dissolution and before the waiver is determined as if the dissolution had never occurred; and\n(2) the rights of a third party accruing under Section 33-44-804(a) or arising out of conduct in reliance on the dissolution before the third party knew or received a notification of the waiver are not adversely affected.","path":["Title 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 44 Uniform Limited Liability Company Act of 1996","ARTICLE 8 Winding Up Company's Business"],"source_url":"https://www.scstatehouse.gov/code/t33c044.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:34Z","sha256":"67e1aecf7d47f23dad13dd582be0f496150babd4945c0f2d45a2da6a7fe897bd","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-44-801","next":"us-sc/s.c.-code-ann.-33-44-803"},"notice":"GroundRules: Original legal text. Not legal advice."}