US Lawyer Database

§ 59-74 – Surviving partner to give bond.

59-74. Surviving partner to give bond. Upon the death of any member of a partnership, the surviving partner shall, within 30 days, execute before the clerk of the superior court of the county where the partnership business was conducted, a bond payable to the State of North Carolina, with sufficient surety conditioned upon the faithful […]

§ 59-75 – Effect of failure to give bond.

59-75. Effect of failure to give bond. Upon the failure of the surviving partner to execute the bond provided for in G.S. 59-74, the clerk of the superior court shall, upon application of any person interested in the estate of the deceased partner, appoint a collector of the partnership, who shall be governed by the […]

§ 59-76 – Surviving partner and personal representative to make inventory.

59-76. Surviving partner and personal representative to make inventory. When a member of any partnership dies the surviving partner, within 60 days after the death of the deceased partner, together with the personal representative of the deceased partner, shall make out a full and complete inventory of the assets of the partnership, including real estate, […]

§ 59-77 – When personal representative may take inventory; receiver.

59-77. When personal representative may take inventory; receiver. If the surviving partner should neglect or refuse to have such inventory made, the personal representative of the deceased partner may have the same made in accordance with the provisions of G.S. 59-76. Should any surviving partner fail to take such an inventory or refuse to allow […]

§ 59-73.10 – Conversion.

59-73.10. Conversion. A business entity other than a domestic partnership may convert to a domestic partnership if: (1) The conversion is permitted by the laws of the state or country governing the organization and internal affairs of the converting business entity; and (2) The converting business entity complies with the requirements of this Part and, […]

§ 59-73.11 – Plan of conversion.

59-73.11. Plan of conversion. (a) The converting business entity shall approve a written plan of conversion containing: (1) The name of the converting business entity, its type of business entity, and the state or country whose laws govern its organization and internal affairs; (2) The name of the resulting domestic partnership into which the converting […]

§ 59-73.12 – Filing of articles of conversion by converting business entity.

59-73.12. Filing of articles of conversion by converting business entity. (a) After a plan of conversion has been approved by the converting business entity as provided in G.S. 59-73.11, the converting business entity shall deliver articles of conversion to the Secretary of State for filing. The articles of conversion shall state: (1) That the domestic […]