North Dakota § 45-10.2-96 Plan of conversion approval and amendment

North Dakota Statutes

§ 45-10.2-96 — Plan of conversion approval and amendment

North Dakota § 45-10.2-96

Title 45Partnerships

Ch. 45-10.2Uniform Limited Partnership Act

This text of North Dakota § 45-10.2-96 (Plan of conversion approval and amendment) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 45-10.2-96 (2026).

Text

1. If the converting organization is a limited partnership, then: a. Subject to section 45-10.2-104, a plan of conversion must be consented to by all of the partners of a converting limited partnership. b. Subject to section 45-10.2-104 and any contractual rights, after a conversion is approved, and at any time before the effective date of the plan, a converting limited partnership may amend the planned conversion:

(1)As provided in the plan; and

(2)Except as provided otherwise by the plan, by the same consent as was required to approve the plan. 2. If the converting organization is not a limited partnership, then the approval and the amendment of the plan of conversion must comply with its governing statute in effecting the conversion.

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1. If the converting organization is a limited partnership, then:
a. Subject to section 45-10.2-104, a plan of conversion must be consented to by all
of the partners of a converting limited partnership.
b. Subject to section 45-10.2-104 and any contractual rights, after a conversion is
approved, and at any time before the effective date of the plan, a converting
limited partnership may amend the planned conversion:
(1) As provided in the plan; and
(2) Except as provided otherwise by the plan, by the same consent as was
required to approve the plan.
2. If the converting organization is not a limited partnership, then the approval and the
amendment of the plan of conversion must comply with its governing statute in
effecting the conversion.