1. A person has the power to dissociate as a member at any time, rightfully or wrongfully, by withdrawing as a member by express will under section 489.602, subsection 1. 2. A person’s dissociation as a member is wrongful only ifany of the following applies to the dissociation: a. Itis in breach of an express provision of the operating agreement. b. Itoccurs before the completion of the winding up of the limited liability company and any of the following applies: (1) The person withdraws as a member by express will. (2) The person is expelled as a member byjudicial order under section489.602, subsection 6. (3) The person isdissociated under section 489.602, subsection 8. (4) In the case of a person that isnot a trust other than a business trust,an estate, or an individual, the person is expelled or otherwise dissociated as a member because itwillfully dissolved or terminated. 3. A person that wrongfully dissociates as a member is liable to the limited liability company and, subject to section 489.801, to the other members for damages caused by the dissociation. The liabilityis in addition to any debt, obligation, or other liability of the member to the company or the other members.
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