{"data":{"id":"us-wv/w.-va.-code-31b-7-703","jurisdiction":"us-wv","citation":"W. Va. Code § 31B-7-703","heading":"Dissociated member's power to bind limited liability company.","body":"For two years after a member dissociates without the dissociation resulting in a dissolution and winding up of a limited liability company's business, the company, including a surviving company under article nine of this chapter, is bound by an act of the dissociated member which would have bound the company under section 3-301 before dissociation only if at the time of entering into the transaction the other party:\n(1) Reasonably believed that the dissociated member was then a member;\n(2) Did not have notice of the member's dissociation; and\n(3) Is not deemed to have had notice under section 7-704.","path":["CHAPTER 31B. UNIFORM LIMITED LIABILITY COMPANY ACT.","ARTICLE 7. MEMBER\\'S DISSOCIATION WHEN BUSINESS NOT WOUND UP."],"source_url":"https://code.wvlegislature.gov/31B-7-703/","current_through":"as of 2026-08-03; contains at least the enactments of the 2026 Regular Session","vintage":"","retrieved_at":"2026-09-06T00:28:00Z","sha256":"9d392f721c04bbe35a4b92cff9ab796bb1d97d0e4080b854fe82417e9cb998d6","source_id":"us-wv","stale":true,"prev":"us-wv/w.-va.-code-31b-7-702","next":"us-wv/w.-va.-code-31b-7-704"},"notice":"GroundRules: Original legal text. Not legal advice."}