Section 321.1116 - ACTION ON PLAN OF DOMESTICATION BY DOMESTICATING LIMITED PARTNERSHIPSubdivision 1.Consent required.A plan of domestication must be consented to:
(1) by all the partners, subject to section 321.1119 if the domesticating organization is a limited partnership; and(2) as provided in the domesticating organization's governing statute, if the organization is a foreign limited partnership.Subd. 2.Amendment of plan or abandonment of domestication.Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are filed with the secretary of state under section 321.1117, a domesticating limited partnership 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.Amended by 2019 Minn. Laws, ch. 50,s 1-103, eff. 8/1/2019.Added by 2018 Minn. Laws, ch. 103,s 24, eff. 1/1/2019.