2019 Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 321 — Uniform Limited Partnership Act 2001
Section 321.1116 — Action On Plan Of Domestication By Domesticating Limited Partnership.
Subdivision 1. Consent required. A plan of domestication must be consented to:
(1) by all the partners, subject to section 321.1119 if the domesticating organization is a limited partnership; and
(2) as provided in the domesticating organization's governing statute, if the organization is a foreign limited partnership.
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 321.1117, a domesticating limited 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 24; 2019 c 50 art 1 s 103
