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N.D. Cent. Code § 45-10.2-95

Plan of conversion

Known as the North Dakota Uniform Limited Partnership Act

The act spans §§ 45–45 (119 sections).

A plan of conversion must be in a record and must contain:

1. The name and form of the converting organization before conversion;

2. The name and form of the converted organization after conversion;

3. The terms and conditions of the conversion;

4. The manner and basis for converting each ownership interest in the converting organization into ownership interests in the converted organization, or in whole or in part, into money or other property;

5. The organizational records of the converted organization; and 6. Any other provisions with respect to the proposed conversion that are deemed to be necessary or desirable.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.