Continuation of Membership Companies Article 642 In cases where a Membership Company dissolves on the grounds listed in items (i) through (iii) of the preceding Article, the Membership Company may continue in existence by the consent of some or all members until the completion of the liquidation under the provisions of the following Chapter.
In the case provided for in the preceding paragraph, members who have not given consent to the continuation of the Membership Company withdraw on the day when it is determined that the Membership Company will continue in existence.
