South Dakota Statutes

§ 48-7A-904 — Effect of conversion; entity unchanged.

South Dakota § 48-7A-904
JurisdictionSouth Dakota
Title 48PARTNERSHIPS
Ch. 48-7UNIFORM PARTNERSHIP ACT

This text of South Dakota § 48-7A-904 (Effect of conversion; entity unchanged.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 48-7A-904 (2026).

Text

(a)A partnership or limited partnership that has been converted pursuant to this article is for all purposes the same entity that existed before the conversion.
(b)When a conversion takes effect:
(1)All property owned by the converting partnership or limited partnership remains vested in the converted entity;
(2)All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and (3) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred.

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Legislative History

SL 2001, ch 249, § 904.

Nearby Sections

15
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Bluebook (online)
South Dakota § 48-7A-904, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/48-7A-904.