Ala. Code § 10A-5A-10.09: Restrictions on Approval of Mergers and Conversions.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 5A Alabama Limited Liability Company Law of 2014.
- Article 10 Conversions and Mergers.
(a) If a member of a converting or constituent limited liability company will have personal liability with respect to a converted or surviving organization, approval and amendment of a plan of conversion or plan of merger are ineffective without that member’s consent to the plan.
(b) A member does not give the consent required by subsection (a) merely by consenting to a provision of the limited liability company agreement that permits the limited liability company agreement to be amended with the consent of fewer than all the members.
Collected 2026-09-03T14:01:53Z. Source file · JSON