Section 30-22-302 - PLAN OF INTEREST EXCHANGE(a) A domestic entity may be the acquired entity in an interest exchange under this part by approving a plan of interest exchange. The plan must be in a record and contain: (1) The name and type of entity of the acquired entity;(2) The name, jurisdiction of formation, and type of entity of the acquiring entity;(3) The manner of converting the interests in the acquired entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;(4) Any proposed amendments to: (A) The public organic record, if any, of the acquired entity; and(B) The private organic rules of the acquired entity that are, or are proposed to be, in a record;(5) The other terms and conditions of the interest exchange; and(6) Any other provision required by the law of this state or the organic rules of the acquired entity.(b) In addition to the requirements of subsection (a) of this section, a plan of interest exchange may contain any other provision not prohibited by law.[30-22-302, added 2015, ch. 243, sec. 19, p. 794.]Added by 2015 Session Laws, ch. 243,sec. 19, eff. 7/1/2015.