North Dakota § 45-21-03 (903) Plan of conversion approval and amendment

North Dakota Statutes

§ 45-21-03 — (903) Plan of conversion approval and amendment

North Dakota § 45-21-03

Title 45Partnerships

Ch. 45-21Conversions and Mergers

This text of North Dakota § 45-21-03 ((903) 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 § 45-21-03 (2026).

Text

1. If the converting organization is a partnership, then: a. A plan of conversion must be consented to by all of the partners of a converting partnership. b. Subject to any contractual rights, after a conversion is approved, and at any time before a filing is made under section 45-21-04, a converting 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. 2. If the converting organization is not a partnership, then the approval and the amendment of the plan of conversion must comply with the governing statute in effecting the conversion.

Free access — add to your briefcase to read the full text and ask questions with AI

1. If the converting organization is a partnership, then:
a. A plan of conversion must be consented to by all of the partners of a converting
partnership.
b. Subject to any contractual rights, after a conversion is approved, and at any time
before a filing is made under section 45-21-04, a converting 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.
2. If the converting organization is not a partnership, then the approval and the
amendment of the plan of conversion must comply with the governing statute in
effecting the conversion.