(1) A plan of domestication of a domestic domesticating limited liability partnership is not effective unless it has been approved: (a) by all the partners entitled to vote on or consent to any matter; and (b) in a record, by each partner that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless: (i) the partnership agreement of the entity provides in a record for the approval of a domestication or merger in which some or all of its partners become subject to interest holder liability by the vote or consent of fewer than all the partners; and (ii) the partner voted for or consented in a record to that provision of the partnership agreement or became a partner after the adoption of that provision. (2) A domestication of a foreign domesticating limited liability partnership is not effective unless it is approved in accordance with the law of the foreign limited liability partnership's jurisdiction of formation. Repealed 10/1/2026
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