2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 89 - Limited Liability Companies
8976 - Effect of filing certificate of dissolution.

     § 8976.  Effect of filing certificate of dissolution.
        (a)  General rule.--Upon the filing of a certificate of
     dissolution, the existence of the limited liability company
     shall cease, except for the purpose of legal actions, other
     proceedings and appropriate action as provided in this chapter.
        (b)  Postfiling administration.--The manager or managers in
     office at the time of dissolution or the survivors of them or,
     if management of the company is retained by the members, then
     all members shall thereafter be trustees for the members and
     creditors of the dissolved company and as such shall have
     authority to distribute any company property discovered after
     dissolution, convey real estate and take such other action as
     may be necessary on behalf of and in the name of such dissolved
     company.

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