Section 10A-5A-10.06 - Action on plan of merger by constituent limited liability company(a) Subject to Section 10A-5A-10.09, a plan of merger must be consented to by all the members of a constituent limited liability company.(b) Subject to Section 10A-5A-10.09 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 10A-5A-10.07, a constituent limited liability company may amend the plan or abandon the merger: (1) as provided in the plan; and(2) except as prohibited by the plan, with the same consent as was required to approve the plan.Ala. Code § 10A-5A-10.06 (1975)
Added by Act 2014-144,§ 1, eff. 1/1/2015.