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Connecticut Public Acts 1996

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Senate Bill No. 434

PUBLIC ACT NO. 96-89

AN ACT CONCERNING LIMITED LIABILITY COMPANIES.

Be it enacted by the Senate and House of Representatives in General Assembly convened:

Section 1. Subdivision (17) of section 34-101 of the general statutes is repealed and the following is substituted in lieu thereof:

(17) "Professional service" means any type of service to the public which requires that members of a profession rendering such service obtain a license or other legal authorization as a condition precedent to the rendition thereof, limited to the professional services rendered by dentists, natureopaths, osteopaths, chiropractors, physicians and surgeons, doctors of dentistry, physical therapists, occupational therapists, podiatrists, optometrists, nurses, NURSE-MIDWIVES veterinarians, pharmacists, architects, professional engineers, or jointly by architects and professional engineers, landscape architects, certified public accountants and public accountants, land surveyors, psychologists [and] attorneys-at-law LICENSED MARITAL AND FAMILY THERAPISTS AND LICENSED CLINICAL SOCIAL WORKERS.

Sec. 2. Section 34-206 of the general statutes is repealed and the following is substituted in lieu thereof:

A limited liability company is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following: (1) At the time or upon the occurrence of events specified in writing in the articles of organization or operating agreement; (2) written consent of at least a majority in interest of the members; (3) an event of dissociation of a member, unless [there are at least two remaining members and] (A) WITHIN NINETY DAYS FOLLOWING THE OCCURRENCE OF ANY SUCH EVENT EITHER (i) the business of the limited liability company is continued by the consent of at least a majority in interest of the remaining members [within ninety days following the occurrence of any such event] OR (ii) IF THERE IS ONLY ONE REMAINING MEMBER, SUCH REMAINING MEMBER CONSENTS TO CONTINUE THE BUSINESS OF THE LIMITED LIABILITY COMPANY AND ADMITS AN ADDITIONAL MEMBER [4m, [0m or (B) otherwise as provided in writing in the operating agreement; or (4) entry of a decree of judicial dissolution under section 34-207.

Approved May 8, 1996. Effective October 1, 1996.

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