{"data":{"id":"us-tn/tenn.-code-ann.-61-3-1111","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 61-3-1111","heading":"Plan of conversion","body":"(a) A domestic limited partnership may convert to a different type of entity under this section and §§ 61-3-1112 - 61-3-1115 by approving a plan of conversion. The plan must be in a record and contain: (1) The name of the converting limited partnership; (2) The name, jurisdiction of formation, and type of entity of the converted entity; (3) The manner of converting the interests in the converting limited partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, 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 private organic rules of the converted entity that are proposed to be in a record when the conversion is effective; (6) Any other terms and conditions of the conversion not otherwise set forth in the private organic rules of the converting limited partnership or the law of this state; and (7) Any other provision required by the law of this state or the partnership agreement of the converting limited partnership. (b) In addition to the requirements of subsection (a), a plan of conversion may contain any other provision not prohibited by law. Added by 2017 Tenn. Acts, ch. 440, s 1, eff. 1/1/2018.\n(a) A domestic limited partnership may convert to a different type of entity under this section and §§ 61-3-1112 - 61-3-1115 by approving a plan of conversion. The plan must be in a record and contain: (1) The name of the converting limited partnership; (2) The name, jurisdiction of formation, and type of entity of the converted entity; (3) The manner of converting the interests in the converting limited partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, 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 private organic rules of the converted entity that are proposed to be in a record when the conversion is effective; (6) Any other terms and conditions of the conversion not otherwise set forth in the private organic rules of the converting limited partnership or the law of this state; and (7) Any other provision required by the law of this state or the partnership agreement of the converting limited partnership.\n(1) The name of the converting limited partnership;\n(2) The name, jurisdiction of formation, and type of entity of the converted entity;\n(3) The manner of converting the interests in the converting limited partnership into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of the foregoing;\n(4) The proposed public organic record of the converted entity if it will be a filing entity;\n(5) The private organic rules of the converted entity that are proposed to be in a record when the conversion is effective;\n(6) Any other terms and conditions of the conversion not otherwise set forth in the private organic rules of the converting limited partnership or the law of this state; and\n(7) Any other provision required by the law of this state or the partnership agreement of the converting limited partnership.\n(b) In addition to the requirements of subsection (a), a plan of conversion may contain any other provision not prohibited by law.","path":["TN Code","Title 61","Chapter 3"],"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":"f81cc28e31987734c3c4db684d02ec5cbf0d207933da75d8b2b527eeea1b1d31","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-61-3-1110","next":"us-tn/tenn.-code-ann.-61-3-1112"},"notice":"GroundRules: Original legal text. Not legal advice."}