NY LLC L § 701 (2021)
2021 New York Laws LLC - Limited Liability Company Law Article 7 - Dissolution 701 - Dissolution.

§  701.  Dissolution. (a) A limited liability company is dissolved and its affairs shall be wound up upon the first to occur of the following:  (1) the latest date on which  the  limited  liability  company  is  to dissolve,  if any, provided in the articles of organization, or the time specified in the operating agreement, but if no such date is provided in the articles of organization and if no such time  is  specified  in  the operating  agreement,  then  the  limited liability company shall have a perpetual existence;  (2) the happening of events specified in the operating agreement;  (3) subject to any requirement in the  operating  agreement  requiring approval  by any greater or lesser percentage in interest of the members or class or classes or group or groups of members, the vote  or  written consent  of  at least a majority in interest of the members or, if there is more than one class or group of members, then by at least a  majority in interest of each class or group of members;  (4)  at any time there are no members, provided that, unless otherwise provided in the operating agreement, the limited  liability  company  is not  dissolved and is not required to be wound up if, within one hundred eighty days or such other period as is provided  for  in  the  operating agreement  after  the  occurrence  of  the  event  that  terminated  the continued  membership  of  the  last   remaining   member,   the   legal representative  of  the  last  remaining  member  agrees  in  writing to continue the limited liability company and to the admission of the legal representative of such member or its assignee to the  limited  liability company  as  a  member, effective as of the occurrence of the event that terminated the continued membership of the last remaining member; or  (5) the entry of a decree of judicial dissolution under section  seven hundred two of this article.  (b)  Unless  otherwise provided in the operating agreement, the death, retirement, resignation, expulsion, bankruptcy  or  dissolution  of  any member  or  the  occurrence  of  any  other  event  that  terminates the continued membership of any member shall not cause the limited liability company to be dissolved or its affairs to be  wound  up,  and  upon  the occurrence  of  any  such  event, the limited liability company shall be continued without dissolution, unless within  one  hundred  eighty  days following the occurrence of such event, a majority in interest of all of the  remaining  members of the limited liability company or, if there is more than one class or group of members, then by a majority in  interest of  all the remaining members of each class or group of members, vote or agree in writing to dissolve the limited liability company.  (c)  A  limited  liability  company   whose   original   articles   of organization  were filed with the secretary of state and effective prior to the effective date of this subdivision shall continue to be  governed by  this  section as in effect on such date and shall not be governed by this section, unless otherwise provided in the operating agreement.