A LTDA may be dissolved... ● At the end of its terms (as stated in the Articles of Association)
● By a unanimous resolution of all quota holders or by the resolution of quota holders representing an absolute majority in a company with an undetermined term of duration
● If there is only one quota holder that exists and the minimum of two quota holders is not reestablished in 180 days
● Filing bankruptcy. The death of a quota holder does not cause a LTDA to dissolve. The quota holder may be help by the diseased heir or the company can continue with the remaining quota holders (provided in the Articles of Association).