Nevada § 92A.105 Authority for conversion; approval, form and contents of plan of conversion

Nevada Statutes

§ 92A.105 — Authority for conversion; approval, form and contents of plan of conversion

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 92A Mergers,· AUTHORITY, PROCEDURE AND EFFECT

1. Except as limited by NRS 78.411 to 78.444 , inclusive, one domestic general partnership or one domestic entity, except a domestic nonprofit corporation, may convert into a domestic entity of a different type or into a foreign entity if a plan of conversion is approved pursuant to the provisions of this chapter. 2. The plan of conversion must be in writing and set forth the:

(a)Name of the constituent entity and the proposed name for the resulting entity;

(b)Jurisdiction of the law that governs the constituent entity;

(c)Jurisdiction of the law that will govern the resulting entity;

(d)Terms and conditions of the conversion;

(e)Manner and basis, if any, of converting the owner’s interest of the constituent entity or the interest of a partner in a general partnership that is the cons

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1. Except as limited by NRS 78.411 to 78.444 , inclusive, one domestic general partnership or one domestic entity, except a domestic nonprofit corporation, may convert into a domestic entity of a different type or into a foreign entity if a plan of conversion is approved pursuant to the provisions of this chapter.
2. The plan of conversion must be in writing and set forth the:
(a) Name of the constituent entity and the proposed name for the resulting entity;
(b) Jurisdiction of the law that governs the constituent entity;
(c) Jurisdiction of the law that will govern the resulting entity;
(d) Terms and conditions of the conversion;
(e) Manner and basis, if any, of converting the owner’s interest of the constituent entity or the interest of a partner in a general partnership that is the constituent entity into owner’s interests, rights of purchase and other securities in the resulting entity or cancelling such owner’s interests in whole or in part; and
(f) Full text of the charter documents of the resulting entity.
3. The plan of conversion may set forth other provisions relating to the conversion.

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