§ 7-13.1-1141. Conversion authorized. [Effective January 1, 2023.] (a) By complying with this subpart, a domestic limited partnership may become: (1) A domestic entity that is a different type of entity; or (2) A foreign entity that is a different type of entity, if the conversion is authorized by the law of the foreign entity’s […]
§ 7-13.1-1142. Plan of conversion. [Effective January 1, 2023.] (a) A domestic limited partnership may convert to a different type of entity under this subpart by approving a plan of conversion. The plan must be in a record and contain: (1) The name of the converting limited partnership; (2) The name, jurisdiction of formation, and […]
§ 7-13.1-1143. Approval of conversion [Effective January 1, 2023.] (a) A plan of conversion is not effective unless it has been approved: (1) By a domestic converting limited partnership, by all the partners of the limited partnership entitled to vote on or consent to any matter; and (2) In a record, by each partner of […]
§ 7-13.1-1144. Amendment or abandonment of plan of conversion. [Effective January 1, 2023.] (a) A plan of conversion of a domestic converting limited partnership may be amended: (1) 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 (2) By […]
§ 7-13.1-1145. Statement of conversion — Effective date of conversion. [Effective January 1, 2023.] (a) A statement of conversion must be signed by the converting entity and delivered to the secretary of state for filing. (b) A statement of conversion must contain: (1) The name, jurisdiction of formation, and type of entity of the converting […]
§ 7-13.1-1146. Effect of conversion. [Effective January 1, 2023.] (a) When a conversion becomes effective: (1) The converted entity is: (i) Organized under and thereafter subject to the organic law of the converted entity; and (ii) The same entity without interruption as the converting entity; (2) All property of the converting entity continues to be […]
