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 Connecticut General Statutes (Last Updated: November 2, 2019)
 Volume 10.
 Title 34. Limited Partnerships, Partnerships, Professional Associations, Limited Liability Companies and Statutory Trusts
 Chapter 616. Entity Transactions
 PART IV. CONVERSION

  Sec. 34-632. Plan of conversion.  

Latest version.

  • (a) A domestic entity may convert to a different type of entity under this part by approving a plan of conversion. The plan shall be in a record and contain:

    (1) The name and type of the converting entity;

    (2) The name, jurisdiction of organization and type of the converted entity;

    (3) The manner of converting the interests in the converting entity into interests, securities, obligations, rights to acquire interests or securities, cash, or other property, or any combination thereof;

    (4) The proposed public organic document of the converted entity if it shall be a filing entity;

    (5) The full text of the private organic rules of the converted entity that are proposed to be in a record;

    (6) The other terms and conditions of the conversion; and

    (7) Any other provision required by the law of this state or the organic rules of the converting entity.

    (b) A plan of conversion may contain any other provision not prohibited by law.

(P.A. 11-241, S. 23.)

History: P.A. 11-241 effective January 1, 2014.