{"parents":[{"StatuteId":2068060,"Type":"Title","Statute":"47"},{"StatuteId":2069721,"Type":"Chapter","Statute":"34A"},{"StatuteId":2069683,"Type":"Section","Statute":"907"}],"Previous":"47-34A-906","Next":"47-34A-908","StatuteId":2069683,"Statute":"47-34A-907","Type":"Section","CatchLine":"Action on plan of conversion by converting limited liability company. ","FilePath":null,"FileName":null,"Htmlpath":null,"Htmlfilename":null,"Title":47,"TitleLetter":null,"Chapter":34,"ChapterLetter":"A","Section":907,"SubSec":0,"SubSection":null,"Word":null,"Html":"

47-34A-907. Action on plan of conversion by converting limited liability company.

(a) Subject to § 47-34A-914, a plan of conversion must be consented to by all the members of a converting limited liability company.

(b) Subject to § 47-34A-914 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under § 47-34A-908, a converting limited liability company may amend the plan or abandon the conversion:

(1)    As provided in the plan; or

(2)    Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.

Source: SL 1998, ch 272, § 907; SL 2013, ch 233, § 21.

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