§ 57D-9-01 – Definitions.
57D-9-01. Definitions. Unless otherwise specifically provided, the following definitions apply in this Article: (1) Articles of organization and conversion. – The document filed by the Secretary of State under G.S. 57D-9-22 for the purpose of converting an eligible entity into an LLC. (2) Converting entity. – An eligible entity that converts into another eligible entity […]
§ 57D-9-20 – Conversion.
57D-9-20. Conversion. (a) An eligible entity other than an LLC may convert to an LLC if both of the following requirements are met: (1) The conversion is permitted by the law governing the organization and internal affairs of the converting entity. (2) The converting entity complies with the requirements of this Part and, to the […]
§ 57D-9-21 – Plan of conversion.
57D-9-21. Plan of conversion. (a) The converting entity must approve a written plan of conversion containing the following: (1) The name, type of entity, and jurisdiction whose law governs the organization and internal affairs of the converting entity immediately before the conversion. (2) A statement that the converting entity will deliver to the Secretary of […]