{"data":{"id":"us-ri/r.i.-gen.-laws-7-12.1-1132","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 7-12.1-1132","heading":"Plan of interest exchange.","body":"(a) A domestic partnership may be the acquired entity in an interest exchange under this part by approving a plan of interest exchange. The plan must be in a record and contain:\n(1) The name of the acquired entity;\n(2) The name, jurisdiction of formation, and type of entity of the acquiring entity;\n(3) The manner of converting the interests in the acquired entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;\n(4) Any proposed amendments to the partnership agreement that are, or are proposed to be, in a record of the acquired entity;\n(5) The other terms and conditions of the interest exchange; and\n(6) Any other provision required by the law of this state or the partnership agreement of the acquired entity.\n(b) In addition to the requirements of subsection (a) of this section, a plan of interest exchange may contain any other provision not prohibited by law.","path":["Title 7 Corporations, Associations, and Partnerships","Chapter 12.1 Uniform Partnership Act","Article 11 Merger, Interest Exchange, Conversion, and Domestication","Part 3 Interest Exchange"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE7/7-12.1/7-11/7-3/7-12.1-1132.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:40:39Z","sha256":"0242ef510127fb5be140badccf2e3a8a5baae8e38bfed34802515d55766245d7","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-7-12.1-1131","next":"us-ri/r.i.-gen.-laws-7-12.1-1133"},"notice":"GroundRules: Original legal text. Not legal advice."}