A. After a plan of conversion is approved:
(1) a converting limited partnership shall deliver to the secretary of state for filing articles of conversion that shall include:
(a) a statement that the limited partnership has been converted into another organization;
(b) the name and form of the organization and the jurisdiction of its governing statute;
(c) the date the conversion is effective pursuant to the governing statute of the converted organization;
(d) a statement that the conversion was approved as required by the Uniform Revised Limited Partnership Act;
(e) a statement that the conversion was approved as required by the governing statute of the converted organization; and
(f) if the converted organization is a foreign organization not authorized to transact business in this state, the street and mailing address of an office that the secretary of state may use for the purposes of Subsection C of Section 1105 [54-2A-1105 NMSA 1978] of the Uniform Revised Limited Partnership Act; and
(2) if the converting organization is not a converting limited partnership, the converting organization shall deliver to the secretary of state for filing a certificate of limited partnership that shall include, in addition to the information required by Section 201 [54-2A-201 NMSA 1978] of the Uniform Revised Limited Partnership Act:
(a) a statement that the limited partnership was converted from another organization;
(b) the name and form of the organization and the jurisdiction of its governing statute; and
(c) a statement that the conversion was approved in a manner that complied with the organization's governing statute.
B. A conversion becomes effective:
(1) if the converted organization is a limited partnership, when the certificate of limited partnership takes effect; and
(2) if the converted organization is not a limited partnership, as provided by the governing statute of the converted organization.
History: Laws 2007, ch. 129, § 1104.
Compiler's notes. — Laws 2009, ch. 181, § 6 amended Laws 2007, ch. 129, § 1208 to change the effective date of this section from July 1, 2009 to January 1, 2010.
Structure New Mexico Statutes
Article 2A - Uniform Revised Limited Partnership Act
Article 11 - Conversion and Merger
Section 54-2A-1101 - Definitions.
Section 54-2A-1102 - Conversion.
Section 54-2A-1103 - Action on plan of conversion by converting limited partnership.
Section 54-2A-1104 - Filings required for conversion; effective date.
Section 54-2A-1105 - Effect of conversion.
Section 54-2A-1107 - Action on plan of merger by constituent limited partnership.
Section 54-2A-1108 - Filings required for merger; effective date.
Section 54-2A-1109 - Effect of merger.
Section 54-2A-1110 - Restrictions on approval of conversions and mergers.
Section 54-2A-1111 - Liability of general partner after conversion or merger.