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MAINE STATUTES AND CODES

31 §746. Conversion of limited liability company (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 12: MERGER AND CONSOLIDATION

§746. Conversion of limited liability company

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

1. Definitions. For purposes of this section, "business entity" means any association or legal entity organized to conduct business, including a domestic or foreign corporation, limited liability company, limited partnership, general partnership, limited liability partnership, joint venture, joint stock company and business trust.

[ 1999, c. 638, §34 (NEW) .]

2. Authority. A limited liability company may convert to another type of business entity by complying with the requirements of section 747 and Title 13-C, chapter 9, subchapter 4.

[ 2003, c. 344, Pt. D, §20 (AMD) .]

SECTION HISTORY

1999, c. 638, §34 (NEW). 2003, c. 344, §D20 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).

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