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NORTH CAROLINA STATUTES AND CODES

§ 59-1052. Filing of certificate of limited partnership.

§ 59‑1052.  Filing ofcertificate of limited partnership.

(a)        After a plan ofconversion has been approved by the converting business entity as provided inG.S. 59‑1051, a certificate of limited partnership shall be delivered tothe Secretary of State for filing. In addition to the matters required orpermitted by G.S. 59‑201, the certificate of limited partnership shallcontain articles of conversion stating:

(1)        That the domesticlimited partnership is being formed pursuant to a conversion of another businessentity;

(2)        The name of theconverting business entity, its type of business entity, and the state orcountry whose laws govern its organization and internal affairs; and

(3)        That a plan ofconversion has been approved by the converting business entity in the mannerrequired by law.

If the plan of conversion isabandoned after the certificate of limited partnership has been filed with theSecretary of State but before the certificate of limited partnership becomeseffective, an amendment withdrawing the certificate of limited partnershipshall be delivered to the Secretary of State for filing prior to the time thearticles of organization become effective.

(b)        The conversiontakes effect when the certificate of limited partnership becomes effective.

(c)        Repealed by SessionLaws 2001‑387, s. 141.

(d)        Certificates ofconversion shall also be registered as provided in G.S. 47‑18.1. (1999‑369, s. 4.8; 2001‑387,s. 141; 2002‑159, s. 34(b).)

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