N.D. Cent. Code § 10-19.1-104.1
This is the official text of N.D. Cent. Code § 10-19.1-104.1, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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10-19.1-104.1. Conversion
Official statutory text
10-19.1-104.1. Conversion
1. An organization other than a corporation may convert to a corporation, and a
corporation may convert to another organization other than a general partnership as
provided in this section and sections 10-19.1-104.2 through 10-19.1-104.6 and a plan
of conversion, if:
a. The governing statute of the other organization authorizes the conversion;
b. The conversion is not prohibited by the law of the jurisdiction that enacted the
governing statute; and
c. The other organization complies with its governing statute in effecting the
conversion.
2. For the purposes of sections 10-19.1-104.1 through 10-19.1-104.6, unless the context
otherwise requires:
a. "Act of the board" means action by the board as provided in section 10-19.1-46
whether:
(1) At a meeting of the board as provided in section 10-19.1-43; or
(2) By a written action of the board as provided in section 10-19.1-47.
b. "Act of the governing body" means action by the governing body of any
organization, other than a domestic corporation, in the manner provided in the
governing statute.
c. "Act of the owners" means action by the owners of an organization, other than a
domestic corporation, in the manner provided in its governing statute.
d. "Act of the shareholders" means action by the shareholders as provided in
section 10-19.1-74 whether:
(1) At a meeting of the shareholders as provided in sections 10-19.1-71 and
10-19.1-72; or
(2) By a written action of the shareholders as provided in section 10-19.1-75.
e. "Certificate of creation" means:
(1) A certificate of incorporation, if the converted organization is a corporation
deemed to be incorporated under this chapter;
(2) A certificate of organization, if the converted organization is a limited liability
company deemed to be organized under chapter 10-32.1;
(3) A certificate of limited partnership, if the converted organization is a limited
partnership deemed to be formed under chapter 45-10.2;
(4) The filed registration of a limited liability partnership, if the converted
organization is a limited liability partnership deemed to be established under
chapter 45-22; or
(5) A certificate of limited liability limited partnership, if the converted
organization is a limited liability limited partnership deemed to be formed
under chapter 45-23.
f. "Date of origin" means the date on which:
(1) A corporation which is:
(a) The converting organization was incorporated; or
(b) The converted organization is deemed to be incorporated;
(2) A limited liability company which is:
(a) The converting organization was organized; or
(b) The converted organization is deemed to be organized;
(3) A general partnership that is the converting organization was formed;
(4) A limited partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed;
(5) A limited liability partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed; and
(6) A limited liability limited partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed.
g. "Filed registration" means the registration of a limited liability partnership which
has been filed with the secretary of state.
h. "General partnership" means an organization formed under chapters 45-13
through 45-21.
i. "Organizational records" means for an organization which is:
(1) A corporation, its articles of incorporation and bylaws;
(2) A limited liability company, its articles of organization, operating agreement
or bylaws, and any member-control agreement;
(3) A limited partnership, its partnership agreement;
(4) A limited liability partnership, its partnership agreement; or
(5) A limited liability limited partnership, its partnership agreement.
1. An organization other than a corporation may convert to a corporation, and a
corporation may convert to another organization other than a general partnership as
provided in this section and sections 10-19.1-104.2 through 10-19.1-104.6 and a plan
of conversion, if:
a. The governing statute of the other organization authorizes the conversion;
b. The conversion is not prohibited by the law of the jurisdiction that enacted the
governing statute; and
c. The other organization complies with its governing statute in effecting the
conversion.
2. For the purposes of sections 10-19.1-104.1 through 10-19.1-104.6, unless the context
otherwise requires:
a. "Act of the board" means action by the board as provided in section 10-19.1-46
whether:
(1) At a meeting of the board as provided in section 10-19.1-43; or
(2) By a written action of the board as provided in section 10-19.1-47.
b. "Act of the governing body" means action by the governing body of any
organization, other than a domestic corporation, in the manner provided in the
governing statute.
c. "Act of the owners" means action by the owners of an organization, other than a
domestic corporation, in the manner provided in its governing statute.
d. "Act of the shareholders" means action by the shareholders as provided in
section 10-19.1-74 whether:
(1) At a meeting of the shareholders as provided in sections 10-19.1-71 and
10-19.1-72; or
(2) By a written action of the shareholders as provided in section 10-19.1-75.
e. "Certificate of creation" means:
(1) A certificate of incorporation, if the converted organization is a corporation
deemed to be incorporated under this chapter;
(2) A certificate of organization, if the converted organization is a limited liability
company deemed to be organized under chapter 10-32.1;
(3) A certificate of limited partnership, if the converted organization is a limited
partnership deemed to be formed under chapter 45-10.2;
(4) The filed registration of a limited liability partnership, if the converted
organization is a limited liability partnership deemed to be established under
chapter 45-22; or
(5) A certificate of limited liability limited partnership, if the converted
organization is a limited liability limited partnership deemed to be formed
under chapter 45-23.
f. "Date of origin" means the date on which:
(1) A corporation which is:
(a) The converting organization was incorporated; or
(b) The converted organization is deemed to be incorporated;
(2) A limited liability company which is:
(a) The converting organization was organized; or
(b) The converted organization is deemed to be organized;
(3) A general partnership that is the converting organization was formed;
(4) A limited partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed;
(5) A limited liability partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed; and
(6) A limited liability limited partnership which is:
(a) The converting organization was formed; or
(b) The converted organization is deemed to be formed.
g. "Filed registration" means the registration of a limited liability partnership which
has been filed with the secretary of state.
h. "General partnership" means an organization formed under chapters 45-13
through 45-21.
i. "Organizational records" means for an organization which is:
(1) A corporation, its articles of incorporation and bylaws;
(2) A limited liability company, its articles of organization, operating agreement
or bylaws, and any member-control agreement;
(3) A limited partnership, its partnership agreement;
(4) A limited liability partnership, its partnership agreement; or
(5) A limited liability limited partnership, its partnership agreement.
Status: in_force · Read it on the official government site
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