Current with legislation from 2024 Fiscal and Special Sessions.
Section 4-38-1051 - Domestication authorized(a) By complying with this part, a domestic limited liability company may become a foreign limited liability company if the domestication is authorized by the law of the foreign jurisdiction.(b) By complying with the provisions of this part applicable to foreign limited liability companies, a foreign limited liability company may become a domestic limited liability company if the domestication is authorized by the law of the foreign limited liability company's jurisdiction of formation.(c) If a protected agreement contains a provision that applies to a merger of a domestic limited liability company but does not refer to a domestication, the provision applies to a domestication of the limited liability company as if the domestication were a merger until the provision is amended after September 1, 2021.Added by Act 2021, No. 1041,§ 26, eff. 7/28/2021.