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Laws of North Carolina (Last Updated: May 12, 2015) |
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Chapter59. Partnership. |
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Article5. Revised Uniform Limited Partnership Act |
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Part10A. Conversion to Limited Partnership |
§59-1050. Conversion
Latest version.
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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 part and, to the extent applicable, the laws referred to in subdivision (1) of this section.
(1999-369, s. 4.8; 2001-387, s. 139.)