Montana § 35-12-1504 Filings Required For Conversion -- Effective Date

Montana Statutes

§ 35-12-1504 — Filings Required For Conversion -- Effective Date

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 12 LIMITED PARTNERSHIPS·Part 15 Conversion

35-12-1504 . Filings required for conversion -- effective date.

(1)After a plan of conversion is approved:

(a)a converting limited partnership shall deliver to the secretary of state for filing articles of conversion, which must include:

(i)a statement that the limited partnership has been converted into another organization;

(ii)the name and form of the organization and the jurisdiction of its governing statute;

(iii)the date the conversion is effective under the governing statute of the converted organization;

(iv)a statement that the conversion was approved as required by this chapter;

(v)a statement that the conversion was approved as required by the governing statute of the converted organization;

(vi)if the converted organization is a foreign organization not authorized to tr

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35-12-1504 . Filings required for conversion -- effective date. (1) After a plan of conversion is approved:
(a) a converting limited partnership shall deliver to the secretary of state for filing articles of conversion, which must include:
(i) a statement that the limited partnership has been converted into another organization;
(ii) the name and form of the organization and the jurisdiction of its governing statute;
(iii) the date the conversion is effective under the governing statute of the converted organization;
(iv) a statement that the conversion was approved as required by this chapter;
(v) a statement that the conversion was approved as required by the governing statute of the converted organization;
(vi) if the converted organization is a foreign organization not authorized to transact business in this state, the street and mailing address of an office that the secretary of state may use for the purposes of 35-12-1505 (3); and
(vii) a statement that the certificate of limited partnership is to be canceled as of the date on which the conversion took effect; and
(b) if the converting organization is not a converting limited partnership, the converting organization shall deliver to the secretary of state for filing a certificate of limited partnership, which must include, in addition to the information required by 35-12-601 :
(i) a statement that the limited partnership was converted from another organization;
(ii) the name and form of the organization and the jurisdiction of its governing statute; and
(iii) a statement that the conversion was approved in a manner that complied with the organization's governing statute.
(2) In the case of a limited partnership, the filing of articles of organization under subsection (1)(a) cancels its certificate of limited partnership as of the date on which the conversion took effect.
(3) A conversion becomes effective:
(a) if the converted organization is a limited partnership, when the certificate of limited partnership takes effect; and
(b) if the converted organization is not a limited partnership, as provided by the governing statute of the converted organization.

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