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2020 Minnesota Statutes
Chapters 300 - 323A — Business, Social, And Charitable Organizations
Chapter 321 — Uniform Limited Partnership Act 2001
Section 321.1103 — Action On Plan Of Conversion By Converting Limited Partnership.
Universal Citation: MN Stat § 321.1103 (2020)
321.1103 ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED PARTNERSHIP.
Subdivision 1. Consent required. Subject to section 321.1110, a plan of conversion must be consented to by all the partners of a converting limited partnership.
Subd. 2. Amendment of plan or abandonment of conversion. Subject to section 321.1110 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under section 321.1104, a converting limited partnership may amend the plan or abandon the conversion:
(1) as provided in the plan; or
(2) except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
History:2004 c 199 art 11 s 89; 2018 c 103 s 20
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