Indiana § 23-18.1-3-3 Plan of merger, consolidation, conversion, or share exchange;
unanimous consent

Indiana Statutes

§ 23-18.1-3-3 — Plan of merger, consolidation, conversion, or share exchange; unanimous consent

Indiana § 23-18.1-3-3

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 18.1SERIES LIMITED LIABILITY COMPANIES

Ch. 3Series Limited Liability Status

This text of Indiana § 23-18.1-3-3 (Plan of merger, consolidation, conversion, or share exchange; unanimous consent) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-18.1-3-3 (2026).

Text

(a)This section does not apply to a limited liability company that is a party to a merger if the members are not entitled to vote on the merger under IC 23-0.6-2-3.

(b)If:

(1)a domestic entity that is not a series limited liability company is a party to:

(A)a merger, consolidation, or conversion; or

(B)the exchanging entity in a share exchange; and

(2)the surviving entity in the merger, consolidation, conversion, or share exchange is to be a series limited liability company; the plan of merger, consolidation, conversion, or share exchange must be adopted by the domestic entity by unanimous consent of the members, shareholders, or partners, as applicable.

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

(a) This section does not apply to a limited
liability company that is a party to a merger if the members are not
entitled to vote on the merger under IC 23-0.6-2-3.
(b) If:
(1) a domestic entity that is not a series limited liability company
is a party to:
(A) a merger, consolidation, or conversion; or
(B) the exchanging entity in a share exchange; and
(2) the surviving entity in the merger, consolidation, conversion,
or share exchange is to be a series limited liability company;
the plan of merger, consolidation, conversion, or share exchange must
be adopted by the domestic entity by unanimous consent of the
members, shareholders, or partners, as applicable.