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Iowa Code § 488.1107

Action on plan of merger by constituent limited partnership

Known as the Uniform Limited Partnership Act

The act spans §§ 488–488 (109 sections).

2004 Acts, ch 1021, §95, 118

1. Subject to section 488.1110, a plan of merger must be consented to by all the partners of a constituent limited partnership.

2. Subject to section 488.1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under section 488.1108, a constituent limited partnership may amend the plan or abandon the planned merger according to any or all of the following:

a. As provided in the plan.

b. Except as prohibited by the plan, with the same consent as was required to approve the plan.

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.