Washington § 25.15.506 Merger—Not effective within sixty days—Transfer restrictions.

Washington Statutes

§ 25.15.506 — Merger—Not effective within sixty days—Transfer restrictions.

Washington § 25.15.506

Title 25PARTNERSHIPS

Ch. 25.15LIMITED LIABILITY COMPANIES

This text of Washington § 25.15.506 (Merger—Not effective within sixty days—Transfer restrictions.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 25.15.506 (2026).

Text

(1)If the proposed merger does not become effective within sixty days after the date set for demanding payment, the limited liability company must release any transfer restrictions imposed as permitted by RCW 25.15.496 .

(2)If, after releasing transfer restrictions, the proposed merger becomes effective, the limited liability company must send a new dissenters' notice as provided in RCW 25.15.476 (2) and 25.15.486 and repeat the payment demand procedure.

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(1) If the proposed merger does not become effective within sixty days after the date set for demanding payment, the limited liability company must release any transfer restrictions imposed as permitted by RCW 25.15.496 .

(2) If, after releasing transfer restrictions, the proposed merger becomes effective, the limited liability company must send a new dissenters' notice as provided in RCW 25.15.476 (2) and 25.15.486 and repeat the payment demand procedure.