488.1107 Action on plan of merger by constituent limited partnership.
103 words·~1 min read·
/ia/chapter-488-uniform-limited-partnership-act/488-1107·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. Subject to section 488.1110, a plan of merger must be consented to by all the partners of a constituent limited partnership.
2. Subject to section 488.1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under section 488.1108, a constituent limited partnership may amend the plan or abandon the planned merger according to any or all of the following:
a. As provided in the plan.
b. Except as prohibited by the plan, with the same consent as was required to approve the plan.
2004 Acts, ch 1021, §95, 118
Referred to in §488.1106