{"data":{"id":"us-dc/d.c.-code-29-203.02","jurisdiction":"us-dc","citation":"D.C. Code § 29-203.02","heading":"Plan of interest exchange.","body":"(a)\nA 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:\n(1)\nThe name and type of entity of the acquired entity;\n(2)\nThe name, jurisdiction of formation, and type of the acquiring entity;\n(3)\nThe 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;\n(4)\nAny 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;\n(5)\nThe other terms and conditions of the interest exchange; and\n(6)\nAny other provision required by the law of the District or the organic rules of the acquired entity.\n\n(b)\nA plan of interest exchange may contain any other provision not prohibited by law.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 2. Entity Transactions.","Subchapter III. Interest Exchange."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-203.02","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"03ad4c4150cf99555132408eee2b1502500e7cd9165ba78ec4c59b72a7f643c2","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-203.01","next":"us-dc/d.c.-code-29-203.03"},"notice":"GroundRules: Original legal text. Not legal advice."}
