HRS § 428-411 - Continuation of limited liability company after expiration of specified term — United States — Hawaii law | Esheria

HRS § 428-411 - Continuation of limited liability company after expiration of specified term

If a limited liability company with a fixed term continues after the term expires, the members’ and managers’ rights and duties stay the same, unless that conflicts with an at-will company. If members or managers keep the business going without winding up, the company continues as an at-will company.

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Jurisdiction
United States — Hawaii
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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company continuation limited liability companies member and manager rights and duties

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