Action on plan of merger by constituent limited liability company
31 M.R.S. §1642
in effect1642. Action on plan of merger by constituent limited liability company
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.
PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF).
Source: Maine Legislature, Office of the Revisor of Statutes (legislature.maine.gov)URL: https://legislature.maine.gov/statutes/31/title31sec1642.htmlFetched: 10/20/2026