A. If a plan is approved as provided by section 29-753, a domestic limited liability company may be a party to or otherwise undertake a transaction by adopting a plan and otherwise complying with this article and:
1. Chapter 6, article 2 of this title for a merger.
2. Chapter 6, article 3 of this title for an interest exchange.
3. Chapter 6, article 4 of this title for a conversion.
4. Chapter 6, article 5 of this title for a domestication.
5. Chapter 6, article 6 of this title for a division.
B. The effective time and date of the transaction are as provided in Chapter 6 of this title. Except as expressly set forth in this article, the procedures regarding the effect of and all other aspects of the transaction are governed by Chapter 6 of this title.
C. This section does not limit the power of a limited liability company to acquire all or part of the interests of another entity through a voluntary exchange or otherwise.
Caution: The above language was taken from Arizona’s statutes on November 13, 2016. Check the Arizona legislature’s website to determine if this statute changed after November 13, 2016.
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