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Is the dissolution process different for a limited liability company (LLC) than for a corporation?

April 26, 2017corporation different dissolution limited liability company LLC process

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Is the dissolution process different for a limited liability company (LLC) than for a corporation?

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The existence of LLCs is less stable than that of corporations in the sense that an outside occurrence (such as the death of an owner) can end the company’s existence, depending on the operating agreement. Otherwise, the dissolution process is the same for both entities.