16-20-1104. Merger, interest exchange, conversion, or domestication of a low-profit limited liability company.
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Effective 10/1/2026
16-20-1104. Merger, interest exchange, conversion, or domestication of a low-profit limited liability company.
A low-profit limited liability company may engage in a merger, interest exchange, conversion, or domestication under Chapter 1a, Part 7, Merger, Chapter 1a, Part 8, Interest Exchange, Chapter 1a, Part 9, Conversion, or Chapter 1a, Part 10, Domestication, to the same extent as a limited liability company that is not a low-profit limited liability company.
Renumbered and Amended by Chapter 92 , 2026 General Session