Section 10A-9A-10.03 - Action on plan of conversion by converting limited partnership(a) Subject to Section 10A-9A-10.10, a plan of conversion must be consented to by all the partners of a converting limited partnership.(b) Subject to Section 10A-9A-10.10 and any contractual rights, after a conversion is approved, and at any time before a filing is made under Section 10A-9A-10.04, a converting limited partnership may amend the plan or abandon the planned conversion: (1) as provided in the plan; and(2) except as prohibited by the plan, by the same consent as was required to approve the plan.Ala. Code § 10A-9A-10.03 (1975)
Added by Act 2016-379,§ 1, eff. 1/1/2017.