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URL:http://alisondb.legislature.state.al.us/alison/CodeOfAlabama
/1975/10A-9A-10.07.htm
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Modified:2016-10-31 08:05:04
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Title:10A-9A-10.07
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Body:Section 10A-9A-10.07

Action on plan of merger by constituent limited partnership.

(a) Subject to Section 10A-9A-10.10, a plan of merger must be consented to by all the partners of a constituent limited partnership.

(b) Subject to Section 10A-9A-10.10 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 10A-9A-10.08, a constituent limited partnership 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.

(Act 2016-379, ยง1.)