(a) A plan of merger shall be consented to by all the members of a constituent company.
(b) Subject to any contractual rights, after a merger is approved, and at any time before articles of merger are delivered to the Mayor for filing under § 29-809.04, a constituent company may amend the plan or abandon the merger:
(1) As provided in the plan; or
(2) Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-809.02.
Uniform Law: This section is based on § 1003 of the Uniform Limited Company Act (2006 Act).
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 8 - Limited Liability Companies
Subchapter IX - Merger and Domestication
§ 29–809.03. Action on plan of merger by constituent company
§ 29–809.04. Filings required for merger; effective date
§ 29–809.07. Action on plan of domestication by domesticating limited liability company
§ 29–809.08. Filings required for domestication; effective date
§ 29–809.09. Effect of domestication
§ 29–809.10. Restrictions on approval of mergers and domestications