805 ILCS 180/37-21: Action on plan of merger by constituent limited liability company.
Where this section sits in the code
- CHAPTER 805 BUSINESS ORGANIZATIONS
- Limited Liability Company Act.
(a) Subject to Section 37-36, a plan of merger must be consented to by all the members of a constituent limited liability company.
(b) Subject to Section 37-36 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 Section 37-25, 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.
Collected 2026-09-15T04:46:47Z. Source file · JSON