Tenn. Code § 61-3-1110

Current through Acts 2023-2024, ch. 1069
Section 61-3-1110 - Conversion authorized
(a) By complying with §§ 61-3-1111 - 61-3-1115, a domestic limited partnership may become:
(1) A domestic entity that is a different type of entity; or
(2) A foreign entity that is a different type of entity, if the conversion is authorized by the law of the foreign entity's jurisdiction of formation.
(b) By complying with the provisions of §§ 61-3-1111 - 61-3-1115 applicable to foreign entities, a foreign entity may become a domestic limited partnership if the conversion is authorized by the law of the foreign entity's jurisdiction of formation.
(c) If a protected agreement contains a provision that applies to a merger of a domestic limited partnership but does not refer to a conversion, the provision applies to a conversion of the partnership as if the conversion were a merger until the provision is amended after the date the entity becomes subject to this chapter pursuant to § 61-3-1207.

T.C.A. § 61-3-1110

Added by 2017 Tenn. Acts, ch. 440, s 1, eff. 1/1/2018.