2010 New Hampshire Statutes
TITLE XXVIII PARTNERSHIPS
CHAPTER 304-C LIMITED LIABILITY COMPANIES
Section 304-C:19 Approval of Merger.


NH Rev Stat § 304-C:19 (1996 through Reg Sess) What's This?

304-C:19 Approval of Merger. –
    I. Unless otherwise provided in a limited liability company agreement, a limited liability company that is a party to a proposed merger shall approve the merger agreement by the consent of more than 1/2 by number of the members, or if there is more than one class or group of members, then by the consent of more than 1/2 by number of the members of each class or group of members.
    II. Each corporation, general partnership, limited partnership and foreign limited liability company that is a party to a proposed merger to be made pursuant to RSA 304-C:18 shall approve the merger in the manner and by the vote required by the laws applicable to such business entity.
    III. Each business entity that is a party to the merger shall have such rights to abandon the merger as are provided for in the merger agreement or in the laws applicable to the business entity.

Source. 1993, 313:1. 1997, 120:22, eff. Aug. 8, 1997.

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