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North Dakota Century Code Title 45. Partnerships § 45-21-02. Conversion

Current as of January 01, 2024 | Updated by Findlaw Staff

Other organizations may not convert to a partnership. However, a partnership may convert to another organization pursuant to sections 45-21-01 through 45-21-07.1 and a plan of conversion, if:

1. The governing statute of the other organization authorizes the conversion;

2. The conversion is not prohibited by the law of the jurisdiction that enacted the governing statute; and

3. The other organization complies with its governing statute in effecting the conversion.

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Cite this article: FindLaw.com - North Dakota Century Code Title 45. Partnerships § 45-21-02. Conversion - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-45-partnerships/nd-cent-code-sect-45-21-02/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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