GroundRules
← Search the law
Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 7-13.1-1123: Approval of merger.

Read at publisher ↗
Where this section sits in the code
  1. Title 7 Corporations, Associations, and Partnerships
  2. Chapter 13.1 Uniform Limited Partnership Act
  3. Part 11 Merger, Interest Exchange, Conversion, and Domestication
  4. Subpart 2 Merger

(a) A plan of merger is not effective unless it has been approved:

(1) By a domestic merging limited partnership, by all the partners of the partnership entitled to vote on or consent to any matter; and

(2) In a record, by each partner of a domestic merging limited partnership which will have interest holder liability for debts, obligations, and other liabilities that are incurred after the merger becomes effective, unless:

(i) The partnership agreement of the partnership provides in a record for the approval of a merger in which some or all of its partners become subject to interest holder liability by the affirmative vote or consent of fewer than all the partners; and

(ii) The partner consented in a record to or voted for that provision of the partnership agreement or became a partner after the adoption of that provision.

(b) A merger involving a domestic merging entity that is not a limited partnership is not effective unless the merger is approved by that entity in accordance with its organic law.

(c) A merger involving a foreign merging entity is not effective unless the merger is approved by the foreign entity in accordance with the law of the foreign entity’s jurisdiction of formation.

Collected 2026-09-05T19:54:50Z. Source file · JSON

Browse this collection