Minnesota Statutes Business, Social, and Charitable Organizations (Ch. 300-323A) § 322C.1003. Action on plan of merger or exchange by constituent limited liability company

Subdivision 1.Member consent required. Subject to section 322C.1015, a plan of merger or exchange must be consented to by all the members of a constituent limited liability company.

Subd. 2.Amendment of plan or abandonment of merger or exchange. Subject to section 322C.1015 and any contractual rights, after a merger or exchange is approved, and at any time before the merger or exchange becomes effective according to this chapter, a constituent limited liability company may amend the plan or abandon the merger or exchange: