Me. Stat. tit. 31 § 1642

Current through 131st (2023-2024) Legislature Chapter 684
Section 1642 - Action on plan of merger by constituent limited liability company
1.Consent by constituent members. A plan of merger must be consented to by all the members of a constituent limited liability company.

[2009, c. 629, Pt. A, §2(NEW); 2009, c. 629, Pt. A, §3(AFF).]

2.Amend plan; abandon merger. After the plan of merger is approved, and at any time before a statement of merger is delivered to the office of the Secretary of State for filing under section 1643, a constituent limited liability company may amend the plan or abandon the merger:
A. As provided in the plan; or [2009, c. 629, Pt. A, §2(NEW); 2009, c. 629, Pt. A, §3(AFF).]
B. Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan. [2009, c. 629, Pt. A, §2(NEW); 2009, c. 629, Pt. A, §3(AFF).]

[2009, c. 629, Pt. A, §2(NEW); 2009, c. 629, Pt. A, §3(AFF).]

31 M.R.S. § 1642

2009, c. 629, Pt. A, §2 (NEW) . 2009, c. 629, Pt. A, §3 (AFF) .