Vermont § 4152 - Domestication
Full text of Vermont Vermont Statutes Online § 4152 — Domestication, with citation guidance and answers to common questions.
§ 4152. Domestication
- (a) A foreign limited liability company may become a limited liability company pursuant
to this section, sections 4153 through 4155 of this title, and a plan of domestication, if: (1) the foreign limited liability company’s governing statute authorizes the domestication; (2) the domestication is not prohibited by the law of the jurisdiction that enacted the
governing statute; and (3) the foreign limited liability company complies with its governing statute in effecting
the domestication. (b) A limited liability company may become a foreign limited liability company pursuant
to this section, sections 4153 through 4155 of this title, and a plan of domestication, if: (1) the foreign limited liability company’s governing statute authorizes the domestication; (2) the domestication is not prohibited by the law of the jurisdiction that enacted the
governing statute; and (3) the foreign limited liability company complies with its governing statute in effecting
the domestication. (c) A plan of domestication shall be in a record and shall include: (1) the name of the domesticating company before domestication and the jurisdiction of
its governing statute; (2) the name of the domesticated company after domestication and the jurisdiction of its
governing statute; (3) the terms and conditions of the domestication, including the manner and basis for
converting interests in the domesticating company into any combination of money, interests
in the domesticated company, and other consideration; and (4) the organizational documents of the domesticated company that are, or are proposed
to be, in a record. (Added 2015, No. 17, § 2.)
Frequently Asked Questions About Vermont § 4152
What does Vermont Statutes Online § 4152 cover?
Section 4152 ("Domestication") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 4152?
A common citation format is "Vermont Statutes Online § 4152" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 4152 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.