N.D. Cent. Code § 10-32.1-57: Action on a plan of merger or exchange by a constituent limited liability company
Where this section sits in the code
- Title 10 Corporations
- Chapter 10-32.1 Uniform Limited Liability Company Act
1.Subject to section 10-32.1-71, a plan of merger or exchange must be consented to by all the members of a constituent limited liability company.
2.Subject to section 10-32.1-71 and any contractual rights, after a merger or exchange is approved, and at any time before the merger or exchange becomes effective according to this chapter, a constituent limited liability company may amend the plan or abandon the merger or exchange:
a.As provided in the plan; or
b.Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.
Collected 2026-09-02T21:04:14Z. Source file · JSON