Maine Code § 31-1642

Action on plan of merger by constituent limited liability company
Open in Lexace · Ask the AI about this section
1. Consent by constituent members. A plan of merger must be consented to by all the members
of a constituent limited liability company.
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
2. Amend plan; abandon merger. After the plan of merger is approved, and at any time before
a statement of merger is delivered to the office of the Secretary of State for filing under section 1643,
a constituent limited liability company may amend the plan or abandon the merger:
A. As provided in the plan; or [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3
(AFF).]
B. Except as otherwise prohibited in the plan, with the same consent as was required to approve
the plan. [PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]
[PL 2009, c. 629, Pt. A, §2 (NEW); PL 2009, c. 629, Pt. A, §3 (AFF).]

‹ Prev All Maine sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.