Action on plan of merger by constituent company

  1. Law
  2. District of Columbia Code
  3. Business Organizations. [Enacted title]
  4. Limited Liability Companies
  5. Merger and Domestication
  6. Action on plan of merger by constituent company

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(a) A plan of merger shall be consented to by all the members of a constituent company.

(b) Subject to any contractual rights, after a merger is approved, and at any time before articles of merger are delivered to the Mayor for filing under § 29-809.04, a constituent company may amend the plan or abandon the merger:

(1) As provided in the plan; or

(2) Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

Section References

This section is referenced in § 29-809.02.

Editor's Notes

Uniform Law: This section is based on § 1003 of the Uniform Limited Company Act (2006 Act).


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