Note: This version of section effective until 1-1-2018. See also following repeal of this chapter, effective 1-1-2018.

1. (b) The plan of merger must include the following:

   1. (1) The name of each limited liability company planning to merge and the name of the surviving limited liability company into which each other limited liability company plans to merge.
   2. (2) The terms and conditions of the merger.
   3. (3) The manner and basis of converting the interests of each limited liability company, in whole or in part, into interests, obligations, or other securities of the surviving limited liability company or cash or other property.

2. (c) The plan of merger may include the following:

   1. (1) Amendments to the articles of organization of the surviving limited liability company.
   2. (2) Other provisions relating to the merger.

Sec. 2. (a) Each constituent limited liability company shall enter into a written plan of merger that is approved under section 3 of this chapter.

As added by P.L.8-1993, SEC.301.