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

Illinois Statutes

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

Illinois § 1107

JurisdictionIllinois

TopicBUSINESS AND EMPLOYMENT

Ch. 805BUSINESS ORGANIZATIONS

Act 805 ILCS 215/Uniform Limited Partnership Act (2001).

Art.Article 11 - Conversion and Merger

This text of Illinois § 1107 (Action on plan of merger by constituent limited partnership) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

805 Ill. Comp. Stat. 1107 (2026).

Text

(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.

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(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.