US Lawyer Database

§ 59-1072 – Articles of merger.

59-1072. Articles of merger. (a) After a plan of merger has been approved by each merging domestic limited partnership and each other merging business entity as provided in G.S. 59-1071, the surviving business entity shall deliver articles of merger to the Secretary of State for filing. The articles of merger shall set forth: (1) Repealed […]

§ 59-1073 – Effects of merger.

59-1073. Effects of merger. (a) When the merger takes effect: (1) Each other merging business entity merges into the surviving business entity, and the separate existence of each merging business entity except the surviving business entity ceases; (2) The title to all real estate and other property owned by each merging business entity is vested […]

§ 59-1101 – Construction and application.

59-1101. Construction and application. This Article shall be so applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this Article among states enacting it. (1985 (Reg. Sess., 1986), c. 989, s. 2.)

§ 59-1005 – Dismissal of action.

59-1005. Dismissal of action. Such action shall not be discontinued, dismissed, compromised or settled without the approval of the court. If the court shall determine that the interest of the partners or of the creditors of the partnership will be substantially affected by such discontinuance, dismissal, compromise, or settlement, the court, in its discretion, may […]

§ 59-1006 – Construction.

59-1006. Construction. The provisions of this Article shall not be construed to deprive a partner of whatever rights of action he may possess in his individual capacity. (1985 (Reg. Sess., 1986), c. 989, s. 2.)

§ 59-1050 – Conversion.

59-1050. Conversion. A business entity other than a domestic limited partnership may convert to a domestic limited 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 […]

§ 59-1051 – Plan of conversion.

59-1051. 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 limited partnership into which the […]