805 ILCS 180/37-21

Current through Public Act 103-593
Section 805 ILCS 180/37-21 - Action on plan of merger by constituent limited liability company
(a) Subject to Section 37-36, a plan of merger must be consented to by all the members of a constituent limited liability company.
(b) Subject to Section 37-36 and any contractual rights, after a merger is approved and at any time before articles of merger are delivered to the Secretary of State for filing under Section 37-25, a constituent limited liability company may amend the plan or abandon the merger:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.

805 ILCS 180/37-21

Added by P.A. 099-0637,§ 5, eff. 7/1/2017.