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§ 4153 — Vermont Law | CourtGPT
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  4. Title 11 - Corporations, Partnerships and Associations/
  5. Chapter 25 - Limited Liability Companies§ 4001. Definitions/
  6. § 4153
Vermont Legal Code

§ 4153

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Action on plan of domestication by domesticating limited liability company (a) A plan of domestication shall be consented to:(1) by all the members, subject to section 4156 of this title, if the domesticating company is a limited liability company; and (2) as provided in the domesticating company’s governing statute, if the company is a foreign limited liability company. (b) Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the Secretary of State for filing under section 4154 of this title, a domesticating limited liability company may amend the plan or abandon the domestication: (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. (Added 2015, No. 17, § 2.)