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Duration Of The LLC

Duration Of The LLC Print
How long will your LLC exist?

Your LLC may be set up for a Specific or Perpetual Duration; the designation is written into the Articles of Organization.

  • Specific Duration: The LLC will be dissolved on or before the designated date.
  • Perpetual Duration: The LLC will continue to exist forever or until the members decide to dissolve, or terminate, the company’s existence.   If you plan to operate a business and do not anticipate an end date, members will want to designate this LLC for Perpetual Duration.