ACTION ON PLAN OF DOMESTICATION BY DOMESTICATING PARTNERSHIP.

323A.0911 ACTION ON PLAN OF DOMESTICATION BY DOMESTICATING PARTNERSHIP.§Subdivision 1.Consent required.A plan of domestication must be consented to:(1) by all the partners, subject to section 323A.0914, if the domesticating partnership is a domestic partnership; and(2) as provided in the domesticating partnership's governing statute, if the company is a foreign limited liability company.§Subd. 2.Amendment of plan or abandonment of domestication.Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are filed with the secretary of state under section 323A.0912, a domesticating partnership may amend the plan or abandon the domestication:(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.History: 2018 c 103 s 37 NOTE: This chapter was formerly codified as sections 323A.1-01 to 323A.12-03. See Minnesota Statutes 2002. The chapter was recodified in 2004 as sections 323A.0101 to 323A.1203. The recodification is arranged in the same sequence as the original codification.