A plan of domestication is not effective unless it has been approved:
In accordance with the requirements, if any, in its organic rules for approval of a domestication;
If its organic rules do not provide for approval of a domestication, in accordance with the requirements, if any, in its organic law and organic rules for approval of:
In the case of an entity that is not a business corporation, a merger, as if the domestication were a merger;
In the case of a business corporation, a merger requiring approval by a vote of the interest holders of the business corporation, as if the domestication were that type merger; or
By all of the interest holders of the entity entitled to vote on or consent to any matter if in the case of an entity that is not a business corporation, neither its organic law nor organic rules provide for approval of a domestication or a merger; and
The organic rules of the entity in a record provide for the approval of a domestication or merger in which some or all of its interest holders become subject to interest holder liability by the vote or consent of fewer than all of the interest holders; and
The interest holder consented in a record to or voted for that provision of the organic rules or became an interest holder after the adoption of that provision.
A domestication of a foreign domesticating entity is not effective unless it is approved in accordance with the law of the foreign entity's jurisdiction of formation.
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 37 - Mississippi Entity Conversion and Domestication Act
§ 79-37-501. Domestication authorized
§ 79-37-502. Plan of domestication
§ 79-37-503. Approval of domestication
§ 79-37-504. Amendment or abandonment of plan of domestication