Section 7-12.1-1142 - Plan of conversion(a) A domestic partnership may convert to a different type of entity under this part by approving a plan of conversion. The plan must be in a record and contain: (1) The name of the converting partnership;(2) The name, jurisdiction of formation, and type of entity of the converted entity;(3) The manner of converting the interests in the converting partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;(4) The proposed public organic record of the converted entity if it will be a filing entity;(5) The full text of the private organic rules of the converted entity which are proposed to be in a record;(6) The other terms and conditions of the conversion; and(7) Any other provision required by the law of this state or the partnership agreement of the converting partnership.(b) In addition to the requirements of subsection (a) of this section, a plan of conversion may contain any other provision not prohibited by law.R.I. Gen. Laws § 7-12.1-1142
P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective January 1, 2023.