SDCL § 47-34A-907: Action on plan of conversion by converting limited liability company.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT
(a) Subject to § 47-34A-914, a plan of conversion must be consented to by all the members of a converting limited liability company.
(b) Subject to § 47-34A-914 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under § 47-34A-908, a converting limited liability company may amend the plan or abandon the conversion:
(1) As provided in the plan; or
(2) Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
Collected 2026-09-03T15:18:57Z. Source file · JSON