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Minn. Stat. § 321.1103

ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP.

Known as the Uniform Limited Partnership Act

The act spans §§ 321–321 (112 sections).

2004 c 199 art 11 s 89; 2018 c 103 s 20

Subdivision 1. Consent required.

Subject to section 321.1110 , a plan of conversion must be consented to by all the partners of a converting limited partnership.

Subd. 2. Amendment of plan or abandonment of conversion.

Subject to section 321.1110 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 321.1104 , a converting limited partnership may amend the plan or abandon the conversion:

(1) as provided in the plan; or

(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.