West Virginia Statutes

§ 47B-10-2 — Effect of registration; entity unchanged

West Virginia·Ch. 47B UNIFORM PARTNERSHIP ACT·Art. 10 LIMITED LIABILITY PARTNERSHIPS
(a)A partnership that has registered pursuant to this article is for all purposes the same partnership that existed before the registration.
(b)When registration takes effect:
(1)All property owned by the registering partnership remains vested in the registered partnership;
(2)All obligations of the registering partnership continue as obligations of the registered partnership; and
(3)An action or proceeding pending against the registering partnership may be continued as if the registration had not occurred.

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Legislative History

1996 Reg. Sess., SB325; 1995 Reg. Sess., HB2226

Nearby Sections

15
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