Current through the 2024 Regular Session
Section 25.15.421 - Merger-Plan-Approval(1) A plan of merger of a constituent limited liability company must be approved, and such approval shall occur when:(a) The plan is approved by a majority of the members; and(b) Any written consents required by RCW 25.15.456 have been obtained.(2) Subject to RCW 25.15.456 and any contractual rights, after a merger is approved, and at any time before a filing is made under RCW 25.15.426, a constituent limited liability company may amend the plan or abandon the planned merger: (a) As provided in the plan; and(b) Except as prohibited by the plan, with the same approval as was required to approve the plan.(3) If a domestic limited partnership is a party to the merger, the plan of merger must be adopted and approved as provided in RCW 25.10.781.(4) If a domestic corporation is a party to the merger, the plan of merger must be adopted and approved as provided in *chapter 23B.11 RCW.(5) If a domestic partnership is a party to the merger, the plan of merger must be approved as provided in RCW 25.05.375.Added by 2015 c 188,§ 81, eff. 1/1/2016.*Reviser's note: Chapter 23B.11 RCW was repealed in its entirety by 2024 c 22 s 13. For later enactment, see chapter 23B.11A RCW.