2018 Minnesota Statutes
Chapters 300 - 323A — BUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS
Chapter 323A — UNIFORM PARTNERSHIP ACT OF 1994
Section 323A.0911 — ACTION ON PLAN OF DOMESTICATION BY DOMESTICATING PARTNERSHIP.
Subdivision 1. Consent required. A plan of domestication must be consented to:
(1) by all the partners, subject to section 323A.0914, if the domesticating partnership is a domestic partnership; and
(2) as provided in the domesticating partnership's governing statute, if the company is a foreign limited liability company.
Subd. 2. Amendment of plan or abandonment of domestication. Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are filed with the secretary of state under section 323A.0912, a domesticating partnership may amend the plan or abandon the domestication:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
History: 2018 c 103 s 37
