Part 10A.
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/nc/chapter-59/10aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Part 10A. Conversion to Limited Partnership.
§ 59-1050. Conversion.
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.)