42:2C-75 Action on plan of merger by constituent limited liability company.
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/nj/title-42/chapter-2c/42-2c-75A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
75. Action on Plan of Merger by Constituent Limited Liability Company.
a. Subject to section 86 of this act, a plan of merger shall be consented to by all the members of a constituent limited liability company.
b. Subject to section 86 of this act and any contractual rights, after a merger is approved, and at any time before articles of merger are delivered to the filing office for filing under section 76 of this act, 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 the same consent as was required to approve the plan.
L.2012, c.50, s.75.