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

West Virginia § 47B-10-2

• Jurisdiction: West Virginia
• Ch. 47B: UNIFORM PARTNERSHIP ACT
• Art. 10: LIMITED LIABILITY PARTNERSHIPS

Text

(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.

Legislative History

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