Tennessee § 61-1-904 Effect of conversion

Tennessee Statutes

§ 61-1-904 — Effect of conversion

Tennessee § 61-1-904

Title61

This text of Tennessee § 61-1-904 (Effect of conversion) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 61-1-904 (2026).

Text

(a)A partnership or limited partnership that has been converted pursuant to this part 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.

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

(a) A partnership or limited partnership that has been converted pursuant to this part 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.