Part 2. Conversion ofCorporation.

§ 55‑11A‑10. Conversion.

A domestic corporation mayconvert to a different business entity if:

(1) The conversion ispermitted by the laws of the state or country governing the organization andinternal affairs of such other business entity; and

(2) The convertingdomestic corporation complies with the requirements of this Part and, to theextent applicable, the laws referred to in subdivision (1) of this section. (2001‑387, s. 17.)