§47B-10-2 Effect of registration; entity unchanged.
§47B-10-2. Effect of registration; entity unchanged.
(a) A partnership that has registered pursuant to this article is for all purposes the same partnership that existed before the registration.
(b) When registration takes effect:
(1) All property owned by the registering partnership remains vested in the registered partnership;
(2) All obligations of the registering partnership continue as obligations of the registered partnership; and
(3) An action or proceeding pending against the registering partnership may be continued as if the registration had not occurred.