D.C. Code § 29-203.02: Plan of interest exchange.

(a)

A domestic entity may be the acquired entity in an interest exchange under this subchapter by approving a plan of interest exchange. The plan shall be in a record and contain:

(1)

The name and type of entity of the acquired entity;

(2)

The name, jurisdiction of formation, and type of the acquiring entity;

(3)

The manner of converting the interests in the acquired entity into interests, securities, obligations, rights to acquire interests or securities, money, or other property, or any combination of the foregoing;

(4)

Any proposed amendments to the public organic record, if any, or private organic rules that are, or are proposed to be, in a record of the acquired entity;

(5)

The other terms and conditions of the interest exchange; and

(6)

Any other provision required by the law of the District or the organic rules of the acquired entity.

(b)

A plan of interest exchange may contain any other provision not prohibited by law.