Minnesota § 321.1103 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP

Minnesota Statutes

§ 321.1103 — ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP

Minnesota § 321.1103

PartBUSINESS, SOCIAL, AND CHARITABLE ORGANIZATIONS

Ch. 321UNIFORM LIMITED PARTNERSHIP ACT 2001

This text of Minnesota § 321.1103 (ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 321.1103 (2026).

Text

Subdivision 1.Consent required. Subject to section321.1110, a plan of conversion must be consented to by all the partners of a converting limited partnership. Subd. 2.Amendment of plan or abandonment of conversion. Subject to section321.1110and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section321.1104, a converting limited partnership may amend the plan or abandon the conversion:

(1)as provided in the plan; or

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

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Subdivision 1.Consent required.
Subject to section321.1110, a plan of conversion must be consented to by all the partners of a converting limited partnership.

Subd. 2.Amendment of plan or abandonment of conversion.
Subject to section321.1110and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section321.1104, a converting limited partnership may amend the plan or abandon the conversion:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.