Action on plan of merger by constituent limited liability company.

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47-34A-903. Action on plan of merger by constituent limited liability company.

(a) Subject to §47-34A-914, a plan of merger must be consented to by all the members of a constituent limited liability company.

(b) Subject to §47-34A-914 and any contractual rights, after a merger is approved, and at any time before articles of merger are delivered to the secretary of state for filing under §47-34A-904, a constituent limited liability 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.

Source: SL 1998, ch 272, §903; SL 2013, ch 233, §17.


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