§ 55-11A-10. Conversion. - North Carolina Statutes

Part 2. Conversion ofCorporation.

§ 55‑11A‑10. Conversion.

A domestic corporation mayconvert to a different business entity if:

(1)        The conversion ispermitted by the laws of the state or country governing the organization andinternal affairs of such other business entity; and

(2)        The convertingdomestic corporation complies with the requirements of this Part and, to theextent applicable, the laws referred to in subdivision (1) of this section. (2001‑387, s. 17.)