New Jersey Statutes Title 42. Partnerships and Partnership Associations 42 § 2C-83
Current as of February 19, 2021 | Updated by FindLaw Staff
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Action on Plan of Domestication by Domesticating Limited Liability Company.
a. A plan of domestication shall be consented to:
(1) by all the members, subject to section 86 of this act, 1 if the domesticating company is a limited liability company; and
(2) as provided in the domesticating company's governing statute, if the company is a foreign limited liability company.
b. Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the filing office for filing under section 84 of this act, 2 a domesticating limited liability company 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.
Cite this article: FindLaw.com - New Jersey Statutes Title 42. Partnerships and Partnership Associations 42 § 2C-83 - last updated February 19, 2021 | https://codes.findlaw.com/nj/title-42-partnerships-and-partnership-associations/nj-st-sect-42-2c-83/
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