R.I. Gen. Laws § 7-16-3

Current through 2024 Public Law 457

Section 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.

P.L. 1992, ch. 280, §1; P.L. 1997 , ch. 188, § 5; P.L. 2002 , ch. 205, § 2.