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Me. Rev. Stat. tit. 31, § 1642

Action on plan of merger by constituent limited liability company

PL 2009, c. 629, Pt

1. Consent by constituent members. A plan of merger must be consented to by all the members of a constituent limited liability company.

2. Amend plan; abandon merger. After the plan of merger is approved, and at any time before a statement of merger is delivered to the office of the Secretary of State for filing under section 1643, a constituent limited liability company may amend the plan or abandon the merger:

A. As provided in the plan; or

B. Except as otherwise prohibited in the plan, with the same consent as was required to approve the plan.

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