UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~August~~September 257, 2010

_______________________________________________________________________

(Exact name of Registrant as specified in its charter)

_______________________________________________________________________

Commission File Number 272199 100

Iowa

(State of Incorporation)

20-4195009

(I.R.S. Employer Identification No.)

2108 140th Avenue, P.O. Box 21

Algona, IA 50511

(Address of Principal Executive Offices)

(515) 395-8888

Registrant’s telephone number, including area code

_____________________________________________________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 52.0201. ~~Departure~~Completion of ~~Directors~~Acquisition or ~~Certain~~Disposition ~~Officers; Election~~ of ~~Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Assets.

~~Effective~~On ~~August~~September 257, 2010, ~~the~~East ~~following~~Fork ~~individuals~~Biodiesel, ~~resigned~~LLC’s ~~their~~real ~~respective~~estate ~~positions~~and plant, together with ~~East~~all ~~Fork~~personal ~~Biodiesel~~property subject to Farm Credit Services of America, FLCA’s security agreement, were purchased by the assignee of Farm Credit’s judgment, CoBank Farm Credit Holdings, LLC, ~~(East~~at ~~Fork):~~a Sheriff’s Sale. CoBank bid $12,000,000 and there were no other bidders.

·On ~~Lennon~~April ~~Brandt~~29, ~~resigned~~2010, ~~from~~Summary ~~his~~Judgment ~~positions~~and asDecree ~~a Director~~ of ~~East~~Foreclosure ~~Fork~~was ~~and~~entered asagainst ~~a member of~~ East Fork’s ~~Audit~~by ~~Committee~~the ~~and~~Iowa ~~Nominating~~District ~~Committee.~~Court ~~He tendered his resignation~~ for ~~personal~~Kossuth ~~reasons and has no disagreement with East Fork~~County, ~~its~~Iowa. At ~~Board~~the time of ~~Directors~~the orSheriff’s ~~its management~~Sale, ~~including~~CoBank’s ~~any~~judgment ~~accounting-related~~was ~~policy, or related~~ in ~~any~~excess ~~manner~~of ~~to any past~~$26, ~~present~~000, ~~or contemplated accounting, finance or legal issue~~000.

·East ~~Kenneth~~Fork M.has ~~Clark~~no ~~resigned~~right ~~from~~of ~~his~~redemption. From ~~positions~~and asafter athe ~~Director~~receipt of ~~East~~the ~~Fork~~sheriff's certificate deed through December 31, as2010, East Fork’s ~~President~~will ~~and~~have as a ~~member~~limited right of ~~East~~first ~~Fork’s~~refusal ~~Executive~~to ~~Committee~~repurchase ~~and~~these ~~Hedging~~assets ~~Committee~~from CoBank. If HeCoBank ~~tendered~~proposes ~~his~~to ~~resignation~~sell ~~for~~these ~~personal~~assets ~~reasons~~in a transaction other than a public auction through December 31, 2010, CoBank will first offer East Fork the right to repurchase these assets on the same terms and ~~has~~at nothe ~~disagreement~~same ~~with~~price that CoBank proposes to sell them. East Fork, ~~its~~does ~~Board~~not anticipate obtaining sufficient funds to exercise these limited rights of ~~Directors~~first orrefusal ~~its~~to ~~management~~reacquire the assets purchased by CoBank.

·On ~~Chris~~September L.8, ~~Daniel~~2010, ~~resigned~~in ~~from~~exchange ~~his~~for ~~position~~East asFork’s waiver of redemption rights, CoBank paid $100,000 to East Fork, which will be used to proceed with winding up of East Fork’s ~~Chief~~affairs ~~Executive~~and ~~Officer.~~liquidating Heits ~~tendered~~assets ~~his~~and ~~resignation~~distributing ~~for~~its ~~personal~~assets ~~reasons~~under ~~and~~the ~~has~~Iowa noLimited ~~disagreement~~Liability ~~with~~Company Act (LLC Act). East Fork,’s expects that there will not be any monies or assets available to distribute to its ~~Board~~members as part of ~~Directors~~the orwinding up of its ~~management~~affairs under the LLC Act.

· Michael L. Kohlhaas resigned from his positions as a Director of East Fork, as East Fork’s Secretary and as a member of East Fork’s Executive Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management.

· Allen A. Kramer resigned from his positions as a Director of East Fork, as Chairman of East Fork’s Audit Committee and as a member of East Fork’s Nominating Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management, including any accounting-related policy, or related in any manner to any past, present, or contemplated accounting, finance or legal issue.

· Jack W. Limbaugh, Jr. resigned from his positions as a Director of East Fork, as East Fork’s Treasurer and as a member of East Fork’s Executive Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management, including any accounting-related policy, or related in any manner to any past, present, or contemplated accounting, finance or legal issue.

· James A. Meyer resigned from his positions as a Director of East Fork, as the Chairman of East Fork’s Board of Directors and as Chairman of East Fork’s Executive Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management.

· Daniel Muller resigned from his positions as a Director of East Fork, as Chairman of East Fork’s Nominating Committee and as a member of East Fork’s Hedging Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management.

· Dean Ulrich resigned from his positions as a Director of East Fork, as East Fork’s Vice President and as a member of East Fork’s Executive Committee and Hedging Committee. He tendered his resignation for personal reasons and has no disagreement with East Fork, its Board of Directors or its management.

Item 8.01. Other Events.

On August 25, 2010, the Iowa District Court for Scott County entered a Conditional Decree of Judicial Dissolution under the Iowa Limited Liability Company Act (Conditional Decree). The Conditional Decree is filed as Exhibit 99.1 to this Form 8-K. The Conditional Decree was entered without prejudice to objections under the notice and bar date provisions of the Conditional Decree and subject to reversal upon successful objection. East Fork is directed to provide a copy of the Application for Judicial Dissolution Pursuant to Iowa Code Section 490A.1302 (Application) and this Conditional Decree to its members and to its creditors by ordinary mail, with the mailing to be completed on or before August 31, 2010. The Application is filed as Exhibit 99.2 to this Form 8-K.

Any member or other interested person may make a written objection to the judicial dissolution of East Fork by filing of such objection with the Clerk of Court for the Iowa District Court for Scott County, in Davenport, Iowa, and by mailing a copy of such objection to East Fork’s attorney: Terry M. Giebelstein, Lane & Waterman LLP, 220 N. Main Street, Suite 600, Davenport, Iowa 52801, on or before October 20, 2010.

The deadline by which known creditor claimants must file their claims is December 24, 2010, in accordance with the form of Notice to Known Claimants Against East Fork Biodiesel, LLC Pursuant to Iowa Code § 490A.1306 Regarding Claims Process and Bar Date (Notice to Claimants). The Notice to Claimants is filed as Exhibit 99.3 to this Form 8-K.

Subject to these and other conditions and further orders of the Court, the Conditional Decree directs East Fork to wind up its affairs, distribute its assets and deliver Articles of Dissolution to the Secretary of State of the State of Iowa. The Court ordered that a receivership be established for East Fork to oversee the wind up and appointed Terrence A. Kilburg as Receiver. With the appointment of the Receiver, all of the members of East Fork’s Board of Directors and its Officers tendered their resignations effective August 25, 2010. (See Item 5.02 above.)

The foregoing descriptions of the Conditional Decree, Application and Notice to Claimants do not purport to be complete and are qualified in their entirety by reference to each of the agreements, which are filed as Exhibits 99.1, 99.2 and 99.3, respectively, to this Form 8-K.

Additionally, the letter dated August 31, 2010 from the Receiver of East Fork Biodiesel, LLC, Terrence A. Kilburg, to its members is attached as Exhibit 99.4 to this Form 8-K.

Item 9.01. Financial Statements and Exhibits.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	EAST FORK BIODIESEL, LLC
Date: August 31, 2010	By:
Date: September 13, 2010	By:
		Terrence A. Kilburg
		Receiver

4FORWARD-LOOKING STATEMENTS - This current report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In particular, statements by East Fork regarding its judicial dissolution process under Iowa Code Section 490A, Subchapter XIII of the Iowa Limited Liability Company Act (LLC Act) and foreclosure proceedings, as well as other statements of East Fork’s receiver’s expectations, anticipations, beliefs, plans, intentions, targets, estimates or projections and similar expressions relating to the future, are forward-looking statements within the meaning of these laws. Forward-looking statements in some cases can be identified by their being preceded by, followed by or containing words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “target” and other similar expressions. Forward-looking statements are based on assumptions and assessments made by East Fork’s receiver in light of his experience and his perception of historical trends, current conditions, expected future developments and other factors he believes to be appropriate. Any forward-looking statements are not guarantees of East Fork’s future performance and are subject to risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements, which are made as of the date of this Form 8-K. Except as required by law, East Fork undertakes no obligation to update any forward-looking statements.

~~INDEX~~- TO2 ~~EXHIBITS~~-

Exhibit No.	Description
99.1	Conditional Decree of Judicial Dissolution Pursuant to Iowa Code § 490A.1302 Entered Without Prejudice or Objections Pursuant to Notice and Bar Date Provisions; Order Requiring Notice to Members and Interested Persons and Setting Bar Date for Objections; Order Appointing Receiver entered August 25, 2010
99.2	Application for Judicial Dissolution Pursuant to Iowa Code Section 490A.1302 filed August 3, 2010
99.3	Form of Notice to Known Claimants Against East Fork Biodiesel, LLC Pursuant to Iowa Code § 490A.1306 Regarding Claims Process and Bar Date
99.4	Letter to the members of East Fork Biodiesel, LLC from its Receiver, Terrence A. Kilburg, dated August 31, 2010


Some of the factors that may cause actual results, developments and business decisions to differ materially from those contemplated by any forward-looking statements include the following:

·	East Fork’s ability to collect its remaining assets;
·	East Fork’s ability to fund the winding up of its affairs, liquidating its assets and distributing its assets under the LLC Act;
·	East Fork’s receiver’s expectation that there will not be any monies or assets available to distribute to East Fork’s members as part of the winding up of its affairs under the LLC Act; and
·	East Fork’s ability to obtain court approval of motions with respect to its application for dissolution prosecuted by East Fork from time to time and obtain a Decree of Dissolution and file Articles of Dissolution with the Secretary of State of the State of Iowa under the LLC Act.

No assurance can be given as to the amounts, if any, that ultimately will be distributed with respect to East Fork’s liabilities to creditors. Accordingly, East Fork’s receiver urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities.

- 3 -

Conditional Decree of Judicial Dissolution Pursuant to Iowa Code § 490A.1302 Entered Without Prejudice or Objections Pursuant to Notice and Bar Date Provisions; Order Requiring Notice to Members and Interested Persons and Setting Bar Date for Objections; Order Appointing Receiver entered August 25, 2010

Application for Judicial Dissolution Pursuant to Iowa Code Section 490A.1302 filed August 3, 2010

Form of Notice to Known Claimants Against East Fork Biodiesel, LLC Pursuant to Iowa Code § 490A.1306 Regarding Claims Process and Bar Date

Letter to the members of East Fork Biodiesel, LLC from its Receiver, Terrence A. Kilburg, dated August 31, 2010

Filing Compare · EAST FORK BIODIESEL, LLC