Ind. Code § 23-18-4-7 : BUSINESS AND OTHER ASSOCIATIONS — LIMITED LIABILITY COMPANIES — RIGHTS AND DUTIES OF MEMBERS AND MANAGERS —18-4-7 - Enforcement of operating agreement; injunctive or other relief

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(a) A court may enforce an operating agreement by injunction or by granting other relief that the court in its discretion determines to be fair and appropriate in the circumstances.

(b) As an alternative to injunctive or other equitable relief, when the provisions under IC 23-18-9-2 are applicable, the court may order dissolution of the limited liability company.

IC 23-18-4-7

As added by P.L. 8-1993, SEC.301.

Ind. Code § 23-18-4-7 : BUSINESS AND OTHER ASSOCIATIONS — LIMITED LIABILITY COMPANIES — RIGHTS AND DUTIES OF MEMBERS AND MANAGERS —18-4-7 - Enforcement of operating agreement; injunctive or other relief

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