Section 10A-9-11.07

Published: 2015

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Section 10A-9-11.07

Section 10A-9-11.07Action on plan of merger by constituent limited partnership.

(a) Subject to Section 10A-9-11.10, a plan of merger must be consented to by all the partners of a constituent limited partnership.

(b) Subject to Section 10A-9-11.10 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 10A-9C-11.08, a constituent limited partnership may amend the plan or abandon the planned merger:

(1) as provided in the plan; and

(2) except as prohibited by the plan, with the same consent as was required to approve the plan.

(Act 2009-621, p. 1805, §1.)