STATE STATUTES & CODES

RHODE ISLAND STATUTES AND CODES

CHAPTER 7-16 - The Rhode Island Limited Liability Company Act

• § 7-16-1 - Short title.
• § 7-16-2 - Definitions.
• § 7-16-3 - Purpose and duration.
• § 7-16-3.1 - Professional services.
• § 7-16-3.2 - Liability in rendering professional services.
• § 7-16-3.3 - Insurance or financial responsibility of limited liability company.
• § 7-16-4 - Powers.
• § 7-16-5 - Formation.
• § 7-16-5.1 - Conversion of certain entities to a limited liability company.
• § 7-16-5.2 - Approval of conversion of a limited liability company.
• § 7-16-5.3 - , 7-16-5.4. [Repealed.].
• § 7-16-6 - Articles of organization.
• § 7-16-7 - Execution of articles.
• § 7-16-8 - Filing.
• § 7-16-9 - Name – Fictitious business names.
• § 7-16-10 - Reservation of name – Transfer of reserved name.
• § 7-16-11 - Resident agent.
• § 7-16-12 - Amendment and restatement of articles of organization.
• § 7-16-13 - Certificates of correction.
• § 7-16-14 - Management by members.
• § 7-16-15 - Managers.
• § 7-16-16 - Election and removal of managers.
• § 7-16-17 - Duties of managers.
• § 7-16-18 - Limitation of liability of managers.
• § 7-16-19 - Action by managers.
• § 7-16-20 - Agency power of managers.
• § 7-16-21 - Voting rights of members.
• § 7-16-22 - Records and information.
• § 7-16-23 - Liability of members and managers.
• § 7-16-24 - Contributions to capital.
• § 7-16-25 - Liability for contribution.
• § 7-16-26 - Sharing of profits and losses.
• § 7-16-27 - Sharing of distributions.
• § 7-16-28 - Interim distributions.
• § 7-16-29 - Distributions upon withdrawal.
• § 7-16-30 - Distribution in kind.
• § 7-16-31 - Restrictions on making distributions.
• § 7-16-32 - Liability upon wrongful distribution.
• § 7-16-33 - Right to distribution.
• § 7-16-34 - Nature of membership interest.
• § 7-16-35 - Assignment of membership interest.
• § 7-16-36 - Right of assignee to become a member.
• § 7-16-37 - Rights of judgment creditor.
• § 7-16-38 - Powers of estate of a member.
• § 7-16-39 - Dissolution.
• § 7-16-40 - Judicial dissolution.
• § 7-16-41 - Revocation of certificate of organization.
• § 7-16-42 - Issuance of certificates of revocation.
• § 7-16-43 - Withdrawal of certificate of revocation.
• § 7-16-44 - Appeal from revocation of certificate of organization.
• § 7-16-45 - Winding up.
• § 7-16-46 - Distribution of assets.
• § 7-16-47 - Articles of dissolution.
• § 7-16-48 - Law governing foreign limited liability companies.
• § 7-16-49 - Registration of foreign limited liability company.
• § 7-16-50 - Issuance of registration of foreign limited liability company.
• § 7-16-50.1 - Service of process on foreign limited liability company.
• § 7-16-51 - Name registration by foreign limited liability company.
• § 7-16-52 - Amendments to registration of foreign limited liability company.
• § 7-16-53 - Cancellation of registration of foreign limited liability company.
• § 7-16-54 - Transaction of business by foreign limited liability company without registration.
• § 7-16-55 - Action to restrain foreign limited liability company.
• § 7-16-56 - Right of member to bring derivative action.
• § 7-16-57 - Pleading in derivative action.
• § 7-16-58 - Expenses in derivative action.
• § 7-16-59 - Merger or consolidation.
• § 7-16-60 - Plan of merger or consolidation.
• § 7-16-61 - Approval of merger or consolidation.
• § 7-16-62 - Articles of merger or consolidation.
• § 7-16-63 - Effects of merger or consolidation.
• § 7-16-64 - Merger or consolidation with foreign entity.
• § 7-16-65 - Filing, service, and copying fees.
• § 7-16-66 - Annual report of domestic and foreign limited liability companies.
• § 7-16-67 - Filing of returns with the tax administrator – annual charge.
• § 7-16-68 - Limited liability company property.
• § 7-16-69 - Certificates and certified copies to be received in evidence.
• § 7-16-70 - Parties to actions.
• § 7-16-71 - Unauthorized assumption of powers.
• § 7-16-72 - Severability.
• § 7-16-73 - Construction with other laws.
• § 7-16-74 - Forms to be furnished by secretary of state.
• § 7-16-75 - Reservation of power.