§ 61-1-903. Conversion of Limited Partnership to Partnership
A limited partnership may be converted to a partnership pursuant to this section. Notwithstanding a provision to the contrary in a limited partnership agreement, the terms and conditions of a conversion of a limited partnership to a partnership must be approved by all of the partners. After the conversion is approved by the partners, the […]
§ 61-1-904. Effect of Conversion
A partnership or limited partnership that has been converted pursuant to this part is for all purposes the same entity that existed before the conversion. When a conversion takes effect: All property owned by the converting partnership or limited partnership remains vested in the converted entity; All obligations of the converting partnership or limited partnership […]
§ 61-1-905. Merger of Partnerships
Pursuant to a plan of merger approved as provided in subsection (c), a partnership may be merged with one (1) or more partnerships or limited partnerships. The plan of merger must set forth: The name of each partnership or limited partnership that is a party to the merger; The name of the surviving entity into […]
§ 61-1-906. Effect of Merger
When a merger takes effect: The separate existence of every partnership or limited partnership that is a party to the merger, other than the surviving entity, ceases; All property owned by each of the merged partnerships or limited partnerships vests in the surviving entity; All obligations of every partnership or limited partnership that is a […]
§ 61-1-907. Statement of Merger
After a merger, the surviving partnership or limited partnership may file a statement that one (1) or more partnerships or limited partnerships have merged into the surviving entity. A statement of merger must contain: The name of each partnership or limited partnership that is a party to the merger; The name of the surviving entity […]
§ 61-1-908. Nonexclusive
This part is not exclusive. Partnerships or limited partnerships may be converted or merged in any other manner provided by law.
§ 61-1-1001. Application Process — Registered Limited Liability Partnership
To become a registered limited liability partnership, a partnership must file with the secretary of state an application stating the name of the partnership; the address of its principal office, and a mailing address such as a post office box if the United States postal service does not deliver to the principal office if the […]
§ 61-1-1002. Registered Office — Registered Agent
Each registered limited liability partnership, including foreign registered limited liability partnerships, must continuously maintain in this state: A registered office that may be the same as any of its places of business in this state; and A registered agent, who may be a partner or any other individual who resides in this state, a domestic […]
§ 61-1-1003. Name
A registered limited liability partnership or foreign registered limited liability partnership name must contain the words “registered limited liability partnership,” or the abbreviation “L.L.P.” or “LLP” or words or abbreviations of like import in another language; provided, that they are written in roman characters or letters; and provided further, that in the case of a […]
§ 61-1-1004. Activities Outside the State — Foreign Registered Limited Liability Partnership
A partnership, including a registered limited liability partnership, formed and existing pursuant to an agreement governed by this chapter, may conduct its business, carry on its operations, and have and exercise the powers granted by this chapter in any state, territory, district, or possession of the United States or in any foreign country. It is […]