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New Mexico Statutes Chapter 54. Partnerships § 54-2A-1107. Action on plan of merger by constituent limited partnership

Current as of January 01, 2024 | Updated by FindLaw Staff

A. Subject to Section 1110 of the Uniform Revised Limited Partnership Act, a plan of merger must be consented to by all the partners of a constituent limited partnership.

B. Subject to Section 1110 of the Uniform Revised Limited Partnership Act and any contractual rights, after a merger is approved, and at any time before a filing is made pursuant to Section 1108 of the Uniform Revised Limited Partnership Act, 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.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 54. Partnerships § 54-2A-1107. Action on plan of merger by constituent limited partnership - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-54-partnerships/nm-st-sect-54-2a-1107/

Read this complete New Mexico Statutes Chapter 54. Partnerships § 54-2A-1107. Action on plan of merger by constituent limited partnership on Westlaw. Westlaw subscription required.

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