489.1007 Action on plan of conversion by converting limited liability company.
1. Subject to section 489.1014, a plan of conversion must be consented to by all the members of a converting limited liability company.
2. Subject to section 489.1014 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 489.1008, a converting limited liability company may amend the plan or abandon the conversion as follows:
a. As provided in the plan.
b. Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
2008 Acts, ch 1162, §77, 155
Referred to in §489.1001, 489.1006
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