35-12-1512. Action on plan of merger by constituent limited partners.
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/mt/title-35/chapter-12/part-15/35-12-1512·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-12-1512 . Action on plan of merger by constituent limited partners.
(1)Subject to 35-12-1515 , a plan of merger must be consented to by all the partners of a constituent limited partnership.
(2)Subject to 35-12-1515 and any contractual rights, after a merger is approved and at any time before a filing is made under 35-12-1513 , a constituent limited partnership may amend the plan or abandon the planned merger:
(a)as provided in the plan; and
(b)except as prohibited by the plan, with the same consent as was required to approve the plan.