2010 Rhode Island Code
Title 7 Corporations, Associations and Partnerships
CHAPTER 7-16 The Rhode Island Limited Liability Company Act
§ 7-16-3 Purpose and duration.


§ 7-16-3 Purpose and duration. – Every limited liability company organized under this chapter has the purpose of engaging in any lawful business, and has perpetual existence until dissolved as terminated in accordance with this chapter, unless a more limited purpose or duration is set forth in the articles of organization.
History of Section.
(P.L. 1992, ch. 280, § 1; P.L. 1997, ch. 188, § 5; P.L. 2002, ch. 205, § 2.)

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