N.H. Rev. Stat. § 304-A:58

Current through the 2024 Legislative Session

Section 304-A:58 - Effect of Conversion; Entity Unchanged

I. A partnership, limited partnership, or limited liability company that has been converted pursuant to RSA 304-A:56 or 304-A:57 is for all purposes the same entity that existed before the conversion.

II. When a conversion takes effect:

(a) All property owned by the converting partnership, limited partnership, or limited liability company remains vested in the converted entity;

(b) All obligations of the converting partnership, limited partnership, or limited liability company continue as obligations of the converted entity; and

(c) An action or proceeding pending against the converting partnership, limited partnership or limited liability company may be continued as if the conversion had not occurred.

RSA 304-A:58

1997, 120:9, eff. Aug. 8, 1997.