NEBRASKA STATUTES AND CODES
67-449 Effect of conversion; entity unchanged.
67-449. Effect of conversion; entity unchanged.(1) A partnership or limited partnership that has been converted pursuant to sections 67-446 to 67-453 is for all purposes the same entity that existed before the conversion.(2) When a conversion takes effect:(a) All property owned by the converting partnership or limited partnership remains vested in the converted entity;(b) All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and(c) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred. SourceLaws 1997, LB 523, ยง 49.
Nebraska Forms by Issue
Nebraska Law
Nebraska State Laws
Nebraska Tax
Nebraska Labor Laws
Nebraska Agencies