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N.D. Cent. Code § 45-10.2-96

Plan of conversion approval and amendment

Known as the North Dakota Uniform Limited Partnership Act

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

1. If the converting organization is a limited partnership, then:

a. Subject to section 45-10.2-104, a plan of conversion must be consented to by all of the partners of a converting limited partnership.

b. Subject to section 45-10.2-104 and any contractual rights, after a conversion is approved, and at any time before the effective date of the plan, a converting limited partnership may amend the planned conversion:

(1) As provided in the plan; and (2) Except as provided otherwise by the plan, by the same consent as was required to approve the plan.

2. If the converting organization is not a limited partnership, then the approval and the amendment of the plan of conversion must comply with its governing statute in effecting the conversion.

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.