New Mexico Statutes

§ 54-2A-1110 — Restrictions on approval of conversions and mergers

New Mexico § 54-2A-1110
JurisdictionNew Mexico
Ch. 54Partnerships
Art. 11Conversion and Merger

This text of New Mexico § 54-2A-1110 (Restrictions on approval of conversions and mergers) 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. § 54-2A-1110 (2026).

Text

A. If a partner of a converting or constituent limited partnership will have personal liability with respect to a converted or surviving organization, approval and amendment of a plan of conversion or merger are ineffective without the consent of the partner, unless:

(1)the limited partnership's partnership agreement provides for the approval of the conversion or merger with the consent of fewer than all the partners; and (2) the partner has consented to the provision of the partnership agreement. B. A partner does not give the consent required by Subsection A of this section merely by consenting to a provision of the partnership agreement that permits the partnership agreement to be amended with the consent of fewer than all the partners.

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Legislative History

Laws 2007, ch. 129, § 1110.

Nearby Sections

15
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Bluebook (online)
New Mexico § 54-2A-1110, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/54/54-2A-1110.