KRS 362.2-952: Conversion.

(1) Subject to KRS 362.2 -960, a partnership may be converted to a limited partnership

as provided in KRS 362.1-902.

(2) Subject to KRS 362.2 -960, a limited partnership may be converted to a partnership

as provided in KRS 362.1-903.

(3) Subject to KRS 362.2 -960, a limited partnership may be converted to a limited

liability company as provided in KRS 275.370.

(4) A limited liability company may be converted to a limited partnership pursuant to

this section and KRS 362.2 -953, 362.2 -954, and 362.2 -955 and a plan of

conversion, if:

(a) The limited liability companies' governing statute authorizes the conversion;

(b) The conversion is not prohibited by the law of the jurisdiction that enacted

that governing statute; and

(c) The limited liability company complies with its governing statute in effecting

the conversion.

(5) A plan of conversion of a limited liability company into a limited partnership shall

be in a record and shall include:

(a) The name of the limited liability company before conversion;

(b) The name of the converted limited partnership;

(c) The terms and conditions of the conversion, including the manner and basis

for converting interests in the converting organization into any combination of

money, interests in the converted limited partnership, and othe r consideration;

and

(d) The organizational documents of the converted limited partnership.