§ 57C-9A-03. Filing of articles of organization by converting business entity.

§ 57C‑9A‑03. Filing of articles of organization by converting business entity.

(a)        After a plan ofconversion has been approved by the converting business entity as provided inG.S. 57C‑9A‑02, the converting business entity shall deliverarticles of organization to the Secretary of State for filing. In addition tothe matters required or permitted by G.S. 57C‑2‑21, the articles oforganization shall contain articles of conversion stating:

(1)        That the domesticlimited liability company is being formed pursuant to a conversion of anotherbusiness entity;

(2)        The name of theconverting business entity, its type of business entity, and the state orcountry whose laws govern its organization and internal affairs; and

(3)        That a plan ofconversion has been approved by the converting business entity as required bylaw.

If the plan of conversion isabandoned after the articles of organization have been filed with the Secretaryof State but before the articles of organization become effective, theconverting business entity shall deliver to the Secretary of State for filingprior to the time the articles of organization become effective an amendment tothe articles of organization withdrawing the articles of organization.

(b)        The conversiontakes effect when the articles of organization become effective.

(c)        Repealed by SessionLaws 2001‑387, s. 95.

(d)        Certificates ofconversion shall also be registered as provided in G.S. 47‑18.1. (1999‑369, s. 3.7; 2001‑387,s. 95.)