1. Definitions. For purposes of this section, "business entity" means any association or legal entity organized to conduct business, including a domestic or foreign corporation, limited liability company, limited partnership, general partnership, limited liability partnership, joint venture, joint stock company and business trust.
[ 1999, c. 638, §34 (NEW) .]
2. Authority. A limited liability company may convert to another type of business entity by complying with the requirements of section 747 and Title 13-C, chapter 9, subchapter 4.
[ 2003, c. 344, Pt. D, §20 (AMD) .]
SECTION HISTORY
1999, c. 638, §34 (NEW). 2003, c. 344, §D20 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
1. Definitions. For purposes of this section, "business entity" means any association or legal entity organized to conduct business, including a domestic or foreign corporation, limited liability company, limited partnership, general partnership, limited liability partnership, joint venture, joint stock company and business trust.
[ 1999, c. 638, §34 (NEW) .]
2. Authority. A limited liability company may convert to another type of business entity by complying with the requirements of section 747 and Title 13-C, chapter 9, subchapter 4.
[ 2003, c. 344, Pt. D, §20 (AMD) .]
SECTION HISTORY
1999, c. 638, §34 (NEW). 2003, c. 344, §D20 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
1. Definitions. For purposes of this section, "business entity" means any association or legal entity organized to conduct business, including a domestic or foreign corporation, limited liability company, limited partnership, general partnership, limited liability partnership, joint venture, joint stock company and business trust.
[ 1999, c. 638, §34 (NEW) .]
2. Authority. A limited liability company may convert to another type of business entity by complying with the requirements of section 747 and Title 13-C, chapter 9, subchapter 4.
[ 2003, c. 344, Pt. D, §20 (AMD) .]
SECTION HISTORY
1999, c. 638, §34 (NEW). 2003, c. 344, §D20 (AMD). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).
