In this article: “Domestic partnership” means a partnership the internal affairs of which are governed by this chapter. “Entity” means any association or legal entity organized to conduct business, including, without limitation, for profit and nonprofit corporations, limited partnerships, partnerships, limited liability partnerships, limited liability companies, joint ventures, joint stock companies, and business trusts. “General […]
Unless otherwise provided in the partnership agreement, pursuant to a plan of merger approved as provided in subsection (d), one or more domestic partnerships may be merged with a domestic or foreign entity. A domestic or foreign entity may be a party to the merger, or may be created by the terms of the plan […]
When a merger takes effect: The separate existence of every domestic partnership that is a party to the merger, other than the surviving entity, ceases; All property owned by each of the merged domestic partnerships vests in the surviving entity; All obligations of every domestic partnership that is a party to the merger become the […]
After a merger, the surviving domestic or foreign entity may file a statement that one or more domestic partnerships have merged into the surviving entity. A statement of merger must contain: The name of each entity that is a party to the merger; The name and domicile of the entity that will be the survivor […]
This article is not exclusive.Partnerships may be converted or merged in any other manner provided or permitted by law.
