§ 48-2c-1411. Conversion or merger of a low-profit limited liability company.

Latest version.

A low-profit limited liability company may engage in the following to the same extent as a limited liability company that is not a low-profit limited liability company may do so under this part:

(1) convert to another subject entity;

(2) convert from another subject entity; or

(3) participate in a merger.

Enacted by Chapter 141, 2009 General Session

                    
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