Alabama § 10A-9A-10.03 Action on Plan of Conversion by Converting Limited Partnership

Alabama Statutes

§ 10A-9A-10.03 — Action on Plan of Conversion by Converting Limited Partnership

Alabama § 10A-9A-10.03

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 9AAlabama Limited Partnership Law

Art. 10Conversions and Mergers

This text of Alabama § 10A-9A-10.03 (Action on Plan of Conversion by Converting Limited Partnership) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-9A-10.03 (2026).

Text

(a)Subject to Section 10A-9A-10.10, a plan of conversion must be consented to by all the partners of a converting limited partnership.

(b)Subject to Section 10A-9A-10.10 and any contractual rights, after a conversion is approved, and at any time before a filing is made under Section 10A-9A-10.04, a converting limited partnership may amend the plan or abandon the planned conversion:

(1)as provided in the plan; and

(2)except as prohibited by the plan, by the same consent as was required to approve the plan.

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(a) Subject to Section 10A-9A-10.10, a plan of conversion must be consented to by all the partners of a converting limited partnership.
(b) Subject to Section 10A-9A-10.10 and any contractual rights, after a conversion is approved, and at any time before a filing is made under Section 10A-9A-10.04, a converting limited partnership may amend the plan or abandon the planned conversion:
(1) as provided in the plan; and
(2) except as prohibited by the plan, by the same consent as was required to approve the plan.