Current through codified legislation effective October 30, 2024
Section 29-1207.03 - Action on plan of merger by constituent statutory trust(a) A plan of merger shall be consented to by all trustees and all beneficial owners of a constituent statutory trust.(b) After a merger is approved, and at any time before a filing is made under § 29-1207.04, a constituent statutory trust may amend the plan or abandon the planned merger: (1) As provided in the plan; and(2) Except as prohibited by the plan, with the same consent as was required to approve the plan.July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.Uniform Law: This section is based on § ,703 of the Uniform Statutory Trust Entity Act.