{"data":{"id":"us-tn/tenn.-code-ann.-61-1-904","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 61-1-904","heading":"Effect of conversion","body":"(a) A partnership or limited partnership that has been converted pursuant to this part is for all purposes the same entity that existed before the conversion. (b) When a conversion takes effect: (1) All property owned by the converting partnership or limited partnership remains vested in the converted entity; (2) All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and (3) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred. Acts 2001, ch. 353.\n(a) A partnership or limited partnership that has been converted pursuant to this part is for all purposes the same entity that existed before the conversion.\n(b) When a conversion takes effect: (1) All property owned by the converting partnership or limited partnership remains vested in the converted entity; (2) All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and (3) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred.\n(1) All property owned by the converting partnership or limited partnership remains vested in the converted entity;\n(2) All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and\n(3) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred.","path":["TN Code","Title 61","Chapter 1"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"1c3c1640c061f0b4e3ed2e520b505793ae9ef3f2e987095b962de69a6800d6d0","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-61-1-903","next":"us-tn/tenn.-code-ann.-61-1-905"},"notice":"GroundRules: Original legal text. Not legal advice."}