(a) A certificate of interest exchange must be signed by an acquired limited liability company and delivered to the Secretary of the State for filing.
(b) A certificate of interest exchange must contain: (1) The name of the acquired limited liability company; (2) the name and governing jurisdiction of the acquiring limited liability company or foreign limited liability company; (3) a statement that the plan of interest exchange was approved by the acquired limited liability company in accordance with sections 34-279l to 34-279q, inclusive; (4) if the certificate of interest exchange is not to be effective upon filing, the date and time when it shall become effective; and (5) any amendments to the acquired limited liability company's certificate of organization approved as part of the plan of interest exchange.
(c) In addition to the requirements of subsection (b) of this section, a certificate of interest exchange may contain any other provision not prohibited by law.
(d) A plan of interest exchange that is signed by an acquired limited liability company and meets all the requirements of subsection (b) of this section may be delivered to the Secretary of the State for filing instead of a certificate of interest exchange and on filing has the same effect. If a plan of interest exchange is filed as provided in this subsection, references in sections 34-279 to 34-279q, inclusive, to a certificate of interest exchange refer to the plan of interest exchange filed under this subsection.
(e) An interest exchange becomes effective when the certificate of interest exchange is effective under section 34-247f.
(P.A. 16-97, S. 96.)
History: P.A. 16-97 effective July 1, 2017.