Section 10A-5A-10.09 - Restrictions on approval of mergers and conversions(a) If a member of a converting or constituent limited liability company will have personal liability with respect to a converted or surviving organization, approval and amendment of a plan of conversion or plan of merger are ineffective without that member's consent to the plan.(b) A member does not give the consent required by subsection (a) merely by consenting to a provision of the limited liability company agreement that permits the limited liability company agreement to be amended with the consent of fewer than all the members.Ala. Code § 10A-5A-10.09 (1975)
Added by Act 2014-144,§ 1, eff. 1/1/2015.