Judicial dissolution

NMSA 1978, § 53-19-40 — under Article 19.

NMSA 1978, § 53-19-40

On application by or for a member, a court may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on its business in conformity with its articles of organization or operating agreement. History: Laws 1993, ch. 280, § 40.