2015 District of Columbia Code
Division V - Local Business Affairs.
Title 29 - Business Organizations.
Chapter 8 - Limited Liability Companies.
Subchapter IX - Merger and Domestication.
§ 29-809.10. Restrictions on approval of mergers and domestications.
(a) If a member of a constituent or domesticating limited liability company will have personal liability with respect to a surviving or domesticated organization, approval or amendment of a plan of merger or domestication shall be ineffective without the consent of the member, unless the:
(1) Company's operating agreement provides for approval of a merger or domestication with the consent of fewer than all the members; and
(2) Member has consented to the provision of the operating agreement.
(b) A member does not give the consent required by subsection (a) of this section merely by consenting to a provision of the operating agreement that permits the operating agreement to be amended with the consent of fewer than all the members.
Disclaimer: These codes may not be the most recent version. The District of Columbia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
