Revised Code of Washington - RCW Title 25 Partnerships - Section 25.10.810 Merger -- Plan -- Approval

§ 25.10.810. Merger -- Plan -- Approval

(1) Unless otherwise provided in its partnership agreement, approval of a plan of merger by a domestic limited partnership party to a merger shall occur when the plan is approved (a) by all general partners of such limited partnership, and (b) by the limited partners or, if there is more than one class of limited partners, then by each class or group of limited partners of such limited partnership, in either case, by limited partners who own more than fifty percent of the then current percentage or other interest in the profits of such limited partnership owned by all limited partners or by the limited partners in each class or group, as appropriate.

(2) If a domestic corporation is a party to the merger, the plan of merger shall be adopted and approved as provided in chapter 23B.11 RCW.

(3) If a domestic partnership is a party to the merger, the plan of merger shall be approved as provided in RCW 25.05.375.

(4) If a domestic limited liability company is a party to the merger, the plan of merger shall be approved as provided in RCW 25.15.400.

[1998 c 103 § 1315; 1991 c 269 § 13.]

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Last modified: April 7, 2009