Clickable Image

     35-12-1512. Action on plan of merger by constituent limited partners. (1) Subject to 35-12-1515, a plan of merger must be consented to by all the partners of a constituent limited partnership.
     (2) Subject to 35-12-1515 and any contractual rights, after a merger is approved and at any time before a filing is made under 35-12-1513, a constituent limited partnership may amend the plan or abandon the planned merger:
     (a) as provided in the plan; and
     (b) except as prohibited by the plan, with the same consent as was required to approve the plan.

     History: En. Sec. 88, Ch. 216, L. 2011.

Previous Section MCA Contents Part Contents Search Help Next Section