2017 Arizona Revised Statutes
Title 29 - Partnership
§ 29-781.01 Rights of assignee

29-781.01. Rights of assignee

If on dissolution the limited liability company has no manager and no member and none is admitted pursuant to section 29-731, subsection B, paragraph 4, the assignees by unanimous written consent may appoint an agent, which may be an assignee or any other person or entity, including a liquidating trustee, to wind up the business and affairs of the limited liability company. Any such agent is authorized to sign and file on behalf of the limited liability company articles of termination under section 29-783 and to liquidate its business and affairs in accordance with section 29-782, subsection B, and an operating agreement.

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