Wyoming Statutes
§ 17-21-902 — Conversion of limited partnership to partnership
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 21 UNIFORM PARTNERSHIP ACT·Art. 9 CONVERSIONS AND MERGERS
(a)A limited partnership may be converted to a
partnership pursuant to this section.
(b)Notwithstanding a provision to the contrary in a
limited partnership agreement, the terms and conditions of a
conversion of a limited partnership to a partnership shall be
approved by all the partners.
(c)After the conversion is approved by the partners, the
limited partnership shall cancel its certificate of limited
partnership pursuant to W.S. 17-14-303.
(d)The conversion takes effect when the certificate of
limited partnership is canceled.
(e)A limited partner who becomes a partner as a result of
the conversion remains liable only as a limited partner for an
obligation incurred by the limited partnership before the
conversion takes effect. The limited partner is liable as a
partner for an obliga
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Nearby Sections
15
§ 17-21-1001
Uniformity of application and construction§ 17-21-1002
Short title§ 17-21-1003
Application to existing relationships§ 17-21-101
Definitions§ 17-21-102
Knowledge and notice§ 17-21-104
Supplemental principles of law§ 17-21-106
Law governing internal affairs§ 17-21-108
Powers§ 17-21-1101
Registered limited liability partnerships§ 17-21-1102
Effect of registration; entity unchanged