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).