Illinois § 1107 Action on plan of merger by constituent limited partnership

Illinois Statutes

§ 1107 — Action on plan of merger by constituent limited partnership

Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 215/ Uniform Limited Partnership Act (2001).·Art. Article 11 - Conversion and Merger

(a)Subject to Section 1110, a plan of merger must be consented to by all the partners of a constituent limited partnership.

(b)Subject to Section 1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 1108, a constituent limited partnership may amend the plan or abandon the planned 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.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Subject to Section 1110, a plan of merger must be consented to by all the partners of a constituent limited partnership. (b) Subject to Section 1110 and any contractual rights, after a merger is approved, and at any time before a filing is made under Section 1108, a constituent limited partnership may amend the plan or abandon the planned 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.

Illinois § 1107 (Action on plan of merger by constituent limited partnership) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.