New Mexico Statutes
§ 54-1A-902 — Conversion of partnership to limited partnership
New Mexico § 54-1A-902
This text of New Mexico § 54-1A-902 (Conversion of partnership to limited partnership) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 54-1A-902 (2026).
Text
(a)A partnership may be converted to a limited partnership pursuant to this section.
(b)The terms and conditions of a conversion of a partnership to a limited partnership must be approved by all of the partners or by a number or percentage specified for conversion in the partnership agreement.
(c)After the conversion is approved by the partners, the partnership shall file a certificate of limited partnership in the jurisdiction in which the limited partnership is to be formed. The certificate must include:
(1)a statement that the partnership was converted to a limited partnership from a partnership;
(2)its former name; and (3) a statement of the number of votes cast by the partners for and against the conversion and, if the vote is less than unanimous, the number or percentage require
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Legislative History
Laws 1996, ch. 53, § 902.
Nearby Sections
15
§ 54-1-48
Repealed§ 54-1A-1001
Statement of qualification§ 54-1A-1002
Statement of qualification; name§ 54-1A-1003
Annual report§ 54-1A-101
Definitions§ 54-1A-102
Knowledge and notice§ 54-1A-103
Effect of partnership agreement; nonwaivable§ 54-1A-104
Supplemental principles of law§ 54-1A-106
Governing law§ 54-1A-1102
Statement of foreign qualification§ 54-1A-1103
Effect of failure to qualifyCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 54-1A-902, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/54/54-1A-902.