(a) Subject to Section 10A-9A-10.10, a plan of merger must be consented to by all the partners of a constituent limited partnership.
(b) Subject to Section 10A-9A-10.10 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 10A-9A-10.08, a constituent limited partnership may amend the plan or abandon the 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.
Structure Code of Alabama
Title 10A - Alabama Business and Nonprofit Entities Code.
Chapter 9A - Alabama Limited Partnership Law.
Article 10 - Conversions and Mergers.
Section 10A-9A-10.01 - Definitions.
Section 10A-9A-10.02 - Conversion.
Section 10A-9A-10.03 - Action on Plan of Conversion by Converting Limited Partnership.
Section 10A-9A-10.04 - Filings Required for Conversion; Effective Date.
Section 10A-9A-10.05 - Effect of Conversion.
Section 10A-9A-10.06 - Merger.
Section 10A-9A-10.07 - Action on Plan of Merger by Constituent Limited Partnership.
Section 10A-9A-10.08 - Filings Required for Merger; Effective Date.
Section 10A-9A-10.09 - Effect of Merger.
Section 10A-9A-10.11 - Liability of General Partner After Conversion or Merger.