Section 1044 – Amendment or abandonment of plan of conversion.
Effective 5/12/2015 48-1d-1044. Amendment or abandonment of plan of conversion. (1) A plan of conversion of a subject entity or domestic converting partnership may be amended: (a) in the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or (b) by the […]
Section 1045 – Statement of conversion.
48-1d-1045. Statement of conversion. (1) A statement of conversion must be signed by the converting entity and delivered to the division for filing. (2) A statement of conversion must contain: (a) the name, jurisdiction of formation, and type of entity of the converting entity; (b) the name, jurisdiction of formation, and type of entity of […]
Section 1046 – Effect of conversion.
Effective 5/12/2015 48-1d-1046. Effect of conversion. (1) When a conversion in which the converted entity is a subject entity or domestic partnership becomes effective: (a) the converted entity is: (i) organized under and subject to this chapter; and (ii) the same entity without interruption as the converting entity; (b) all property of the converting entity […]
Section 1051 – Domestication authorized.
48-1d-1051. Domestication authorized. (1) By complying with Sections 48-1d-1051 through 48-1d-1056, a domestic limited liability partnership may become a foreign limited liability partnership if the domestication is authorized by the law of the foreign jurisdiction. (2) By complying with the provisions of Sections 48-1d-1051 through 48-1d-1056 applicable to foreign limited liability partnerships, a foreign limited […]
Section 1052 – Plan of domestication.
48-1d-1052. Plan of domestication. (1) A domestic limited liability partnership may become a foreign limited liability partnership in a domestication by approving a plan of domestication. The plan must be in a record and contain: (a) the name of the domesticating limited liability partnership; (b) the name and jurisdiction of formation of the domesticated limited […]
Section 1053 – Approval of domestication.
48-1d-1053. Approval of domestication. (1) A plan of domestication of a domestic domesticating limited liability partnership is not effective unless it has been approved: (a) by all the partners entitled to vote on or consent to any matter; and (b) in a record, by each partner that will have interest holder liability for debts, obligations, […]
Section 1054 – Amendment or abandonment of plan of domestication.
48-1d-1054. Amendment or abandonment of plan of domestication. (1) A plan of domestication of a domestic domesticating limited liability partnership may be amended: (a) in the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or (b) by the partners of the […]
Section 1055 – Statement of domestication.
48-1d-1055. Statement of domestication. (1) A statement of domestication must be signed by the domesticating limited liability partnership and delivered to the division for filing. (2) A statement of domestication must contain: (a) the name of the domesticating limited liability partnership and the name of the jurisdiction whose law governs the domesticating limited liability partnership’s […]
Section 1056 – Effect of domestication.
48-1d-1056. Effect of domestication. (1) When a domestication becomes effective: (a) the domesticated limited liability partnership is: (i) organized under and subject to the organic law of the domesticated limited liability partnership; and (ii) the same entity without interruption as the domesticating limited liability partnership; (b) all property of the domesticating limited liability partnership continues […]
Section 1033 – Approval of interest exchange.
48-1d-1033. Approval of interest exchange. (1) A plan of interest exchange is not effective unless it has been approved: (a) by all the partners of a domestic acquired partnership entitled to vote on or consent to any matter; and (b) in a record, by each partner of the domestic acquired partnership that will have interest […]