- (a) Subject to § 47-34A-914, a plan of conversion must be consented to by all the members of a converting limited liability company.
- (b) Subject to § 47-34A-914 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 § 47-34A-908, a converting limited liability company may amend the plan or abandon the conversion:
- (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.
Source: SL 1998, ch 272 , § 907; SL 2013, ch 233 , § 21.