Grants circuit courts the ability to dissolve limited liability companies under certain conditions, obtaining certificates of good standing from the SoS for domestic or foreign LLCs and a search for series LLCs on the SoS website.

HB 1713 would grant circuit courts the authority to dissolve limited liability companies (LLCs) under specific circumstances. The bill allows the attorney general to seek dissolution if an LLC obtained its formation through fraud, conducted illegal business, or abused its powers against public policy. It also permits members to request dissolution if the business cannot operate per its agreement, is abandoned, faces deadlocked management, or has persistent fraud by its leaders. This bill directly affects LLCs operating in the state by establishing clear court-ordered dissolution pathways for serious violations or internal failures. The bill is currently in the prefiled stage and has not yet been enacted.