D.C. Code § 29-204.02: Plan of conversion.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 2. Entity Transactions.
- Subchapter IV. Conversion.
(a)
A domestic entity may convert to a different type of entity under this subchapter 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 formation, and type of entity 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, money, or other property, or any combination of the foregoing;
(4)
The proposed public organic record of the converted entity if it will 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 the District or the organic rules of the converting entity.
(b)
A plan of conversion may contain any other provision not prohibited by law.
Collected 2026-08-29T05:44:07Z. Source file · JSON