RS 12:1601 Definitions

CHAPTER 25.  CONVERSIONS OF BUSINESS ORGANIZATIONS

§1601.  Definitions

As used in this Chapter, the following terms and phrases shall have the meaning ascribed to them in this Section, unless the context clearly indicates otherwise:

(1)  "Conversion" means the continuance of a domestic entity of one type as a domestic entity of another type.

(2)  "Converted entity" means an entity resulting from a conversion.

(3)  "Converting entity" means an entity as the entity existed before the entity's conversion.

Acts 2006, No. 153, §1, eff. June 2, 2006.