Action on plan of domestication by domesticating limited liability 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 domestication by domesticating limited liability company

(a) A plan of domestication shall be consented to:

(1) By all the members if the domesticating company is a limited liability company; and

(2) As provided in the domesticating company’s governing statute, if the company is a foreign limited liability company.

(b) Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the Mayor for filing under § 29-809.08, a domesticating limited liability company may amend the plan or abandon the domestication:

(1) As provided in the plan; or

(2) Except as otherwise prohibited in the plan, by 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 § 29-809.06.

Editor's Notes

Uniform Law: This section is based on § 1011 of the Uniform Limited Company Act (2006 Act).

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