Action on plan of domestication by a domestic limited liability company.

Checkout our iOS App for a better way to browser and research.

47-34A-1012. Action on plan of domestication by a domestic limited liability company.

In the case of a domestic limited liability company:

(a)Unless the articles of organization or a written operating agreement of the limited liability company provides otherwise, the members of the limited liability company shall approve the plan of domestication by the members in the manner provided in the limited liability company's operating agreement for amendments to the operating agreement or, if no such provision is made in an operating agreement, by all the members.

(b)If an amendment to a plan of domestication is made in accordance with subsection 47-34A-1011(c), and articles of domestication already have been filed with the secretary of state, amended articles of domestication shall be filed with the secretary of state before the effective date of any certificate of domestication issued by the secretary of state for the articles of domestication which the amended articles are to supersede.

Source: SL 2010, ch 218, §4.


Download our app to see the most-to-date content.