Illinois Compiled Statutes 805 ILCS 180/37-21 – Action on plan of merger by constituent limited liability company
Current as of: 2024 | Check for updates
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(a) Subject to Section 37-36, a plan of merger must be consented to by all the members of a constituent limited liability company.
(b) Subject to Section 37-36 and any contractual rights, after a merger is approved and at any time before articles of merger are delivered to the Secretary of State for filing under Section 37-25, a constituent limited liability 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
(b) Subject to Section 37-36 and any contractual rights, after a merger is approved and at any time before articles of merger are delivered to the Secretary of State for filing under Section 37-25, a constituent limited liability company may amend the plan or abandon the merger:
Terms Used In Illinois Compiled Statutes 805 ILCS 180/37-21
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, with
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the same consent as was required to approve the plan.
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