N.J.S.A. 42:2C-83 — Action on plan of domestication by domesticating limited liability company.

42:2C-83 Action on plan of domestication by domesticating limited liability company. 83. Action on Plan of Domestication By Domesticating Limited Liability Company. a. A plan of domestication shall be consented to: (1) by all the members, subject to section 86 of this act, if the domesticating company is a limited liability company; and (2) as provided in the domesticating company's governing statute, if the company is a foreign limited liability company. b. Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the filing office for filing under section 84 of this act, a domesticating limited liability company 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. L.2012, c.50, s.83.

This is the verbatim text of N.J.S.A. 42:2C-83, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.