Judgment of dissolution
(1) If after a hearing the court determines that one or more grounds for judicial dissolution described in ORS 63.661 (Grounds for judicial dissolution) exist, it may enter a judgment dissolving the limited liability company and specifying the effective date of the dissolution. The clerk of the court shall deliver a certified copy of the judgment to the office for filing. The Secretary of State shall file the certified copy of the judgment.
(2) After entering the judgment of dissolution, the court shall direct the winding up and liquidation of the limited liability company’s business and affairs in accordance with ORS 63.637 (Effect of dissolution), the notification of claimants and enforcement of claims in accordance with ORS 63.641 (Known claims against dissolved limited liability company) and 63.644 (Unknown claims against dissolved limited liability company), and the distribution of limited liability company assets in accordance with ORS 63.625 (Distribution of assets upon dissolution). [1993 c.173 §68; 2003 c.576 §328]
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