Section 701 - Merger in general.
§ 4A-701. Merger in general.
(a) Mergers by domestic limited liability companies.- Unless the operating agreement provides otherwise, a domestic limited liability company may merge into one or more:
(1) Domestic limited liability companies;
(2) Foreign limited liability companies;
(3) Partnerships;
(4) Limited partnerships;
(5) Corporations having capital stock; or
(6) Business trusts having transferable units of beneficial interest.
(b) Mergers into domestic limited liability companies.- One or more domestic limited liability companies, foreign limited liability companies, partnerships, limited partnerships, corporations having capital stock, or business trusts having transferable units of beneficial interest may merge into a domestic limited liability company.
[1992, ch. 536; 1997, ch. 654, § 2; 2002, ch. 570.]