Minnesota Statutes Business, Social, and Charitable Organizations (Ch. 300-323A) § 323A.0913. Effect of domestication

(1) the domesticated partnership is for all purposes the partnership that existed before the domestication;

(2) all property owned by the domesticating partnership remains vested in the domesticated partnership;

(3) all debts, obligations, or other liabilities of the domesticating partnership continue as debts, obligations, or other liabilities of the domesticated partnership;

(4) an action or proceeding pending by or against a domesticating partnership may be continued as if the domestication had not occurred;

(5) except as prohibited by other law, all of the rights, privileges, immunities, powers, and purposes of the domesticating partnership remain vested in the domesticated partnership;

(6) except as otherwise provided in the plan of domestication, the terms and conditions of the plan of domestication take effect; and

(7) except as otherwise agreed, the domestication does not dissolve a domesticating partnership for the purposes ofsections 323A.0801to323A.0807.