Statutes > Iowa Statutes > Title 12 - Business Entities > Subtitle 2 - Business and Professional Corporations and Companies > CHAPTER 489 - REVISED UNIFORM LIMITED LIABILITY COMPANY ACT > 489.1003 - ACTION ON PLAN OF MERGER BY CONSTITUENT LIMITED LIABILITY COMPANY.

489.1003 - ACTION ON PLAN OF MERGER BY CONSTITUENT LIMITED LIABILITY COMPANY.

        489.1003  ACTION ON PLAN OF MERGER BY CONSTITUENT      LIMITED LIABILITY COMPANY.         1.  Subject to section 489.1014, a plan of merger must be      consented to by all the members of a constituent limited liability      company.         2.  Subject to section 489.1014 and any contractual rights, after      a merger is approved, and at any time before articles of merger are      delivered to the secretary of state for filing under section      489.1004, a constituent limited liability company may amend the plan      or abandon the merger as follows:         a.  As provided in the plan.         b.  Except as otherwise prohibited in the plan, with the same      consent as was required to approve the plan.
         Section History: Recent Form
         2008 Acts, ch 1162, §73, 155         Referred to in § 489.1002, 489.1015