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Maine · Through October 1, 2025

31 M.R.S. §1649: Restrictions on approval of mergers and conversions

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Where this section sits in the code
  1. TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
  2. CHAPTER 21: LIMITED LIABILITY COMPANIES
  3. SUBCHAPTER 12: MERGER AND CONVERSION

1. Written consent. 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 written consent to that plan.

2. Consent to agreement. A member does not give the consent required by subsection 1 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 2026-09-04T15:12:37Z. Source file · JSON

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