If a two member LLC change to a single member does the original LLC needs to be dissolved?

If the tax treatment of the original two member LLC is file under a Schedule C single member does the original two member LLC needs to be dissolved?

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No. If the remaining member of the LLC bought out the other shareholder, the LLC (as a business entity) can continue.

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No. If the remaining member of the LLC bought out the other shareholder, the LLC (as a business entity) can continue.

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