{"data":{"id":"us-vt/11-v.s.a.-3284","jurisdiction":"us-vt","citation":"11 V.S.A. § 3284","heading":"Effect of conversion; entity unchanged","body":"(a) A partnership or limited partnership that has been converted pursuant to this subchapter is for all purposes the same entity that existed before the conversion.\n(b) When a conversion takes effect:\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":["Title 11: Corporations, Partnerships and Associations","Chapter 022: Partnerships","Subchapter 009: CONVERSIONS AND MERGERS"],"source_url":"https://legislature.vermont.gov/statutes/section/11/022/03284","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T16:00:21Z","sha256":"789f2e0c1f2ec8714ff6b93c4d29ec41e54329ab5c3f20715e1363eded4c59d5","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-3283","next":"us-vt/11-v.s.a.-3285"},"notice":"GroundRules: Original legal text. Not legal advice."}