48-1d-1041. Conversion authorized.
(1) As used in Sectionsthrough, the term "subject entity" includes a corporation, a business trust or association, a real estate investment trust, a common-law trust, or any other unincorporated business, including a limited liability company, a general partnership, a registered limited liability partnership, or a foreign limited partnership. 48-1d-1041 48-1d-1046
(2) A subject entity may convert to a domestic partnership by complying with Sectionsthrough. 48-1d-1041 48-1d-1046
(3) By complying with Sectionsthrough, a domestic partnership may become: 48-1d-1041 48-1d-1046 a domestic entity that is a different type of entity; or a foreign entity that is a different type of entity, if the conversion is authorized by the law of the foreign jurisdiction.
(4) By complying with the provisions of Sectionsthroughapplicable to foreign entities, a foreign entity that is not a foreign partnership may become a domestic partnership if the conversion is authorized by the law of the foreign entity's jurisdiction of formation. 48-1d-1041 48-1d-1046
(5) If a protected agreement contains a provision that applies to a merger of a domestic partnership but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger until the provision is amended after January 1, 2014.