Maine Revised Statutes Title 31. Partnerships and Associations § 1596. Effect of dissolution

A. Collecting the dissolved limited liability company's assets;

B. Disposing of the dissolved limited liability company's properties that will not be distributed in kind to persons owning transferable interests;

C. Discharging or making provisions for discharging the dissolved limited liability company's liabilities;

D. Distributing the dissolved limited liability company's remaining property in accordance with section 1601; and

E. Doing every other act necessary to wind up and liquidate the dissolved limited liability company's business and affairs.

A. Transfer title to the limited liability company's property;

B. Prevent the commencement of a proceeding by or against the limited liability company in its limited liability company name;

C. Abate or suspend a proceeding pending by or against the limited liability company on the effective date of dissolution; or

D. Terminate the authority of the limited liability company's registered agent.