11 V.S.A. § 4153: Action on plan of domestication by domesticating limited liability company
Where this section sits in the code
- Title 11: Corporations, Partnerships and Associations
- Chapter 025: Limited Liability Companies
- Subchapter 010: CONVERSION, MERGER, AND DOMESTICATION
(a) A plan of domestication shall be consented to:
(1) by all the members, subject to section 4156 of this title, if the domesticating company is a limited liability company; and
(2) as provided in the domesticating company’s governing statute, if the company is a foreign limited liability company.
(b) Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the Secretary of State for filing under section 4154 of this title, a domesticating limited liability company may amend the plan or abandon the domestication:
(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 2026-09-05T16:01:21Z. Source file · JSON