As used in this article: “Merger” means a business combination pursuant to § 13.1-1070. “Party to a merger” means any domestic or foreign limited liability company or other business entity that will merge under a plan of merger. “Survivor” in a merger means the domestic or foreign limited liability company or other business entity into […]
A. One or more domestic limited liability companies may merge with one or more domestic or foreign limited liability companies or other business entities pursuant to a plan of merger. B. A foreign limited liability company or other business entity may be a party to a merger with a domestic limited liability company only if […]
Each domestic limited liability company that is a party to a merger shall approve the plan of merger, unless the articles of organization or a written operating agreement of the limited liability company provides otherwise, by the unanimous vote of the members of the limited liability company. However, a provision of a limited liability company’s […]
A. After a plan of merger has been adopted and approved as required by this chapter, articles of merger shall be signed on behalf of each party to the merger. The articles shall set forth: 1. The plan of merger; 2. If the articles of organization of a domestic limited liability company that is the […]
When a merger takes effect: 1. The separate existence of every domestic limited liability company that is a party to the merger except the surviving domestic limited liability company, if any, ceases; 2. The title to all real estate and other property owned by each domestic limited liability company party to the merger is vested […]
A. Unless otherwise provided in the plan of merger or in the laws under which a foreign limited liability company or a domestic or foreign other business entity that is a party to a merger is organized or by which it is governed, after a plan of merger has been approved as required by this […]
