Maine § 1433. - Action on plan of conversion by converting limited partnership
Full text of Maine Maine Revised Statutes § 1433. — Action on plan of conversion by converting limited partnership, with citation guidance and answers to common questions.
§ 1433.. Action on plan of conversion by converting limited partnership
1. Consent. Subject to section 1440, a plan of conversion must be consented to by all the partners of a converting limited partnership.
2. Amend plan or abandon planned conversion. Subject to section 1440 and any contractual rights, after a conversion is approved, and at any time before a filing is made under section 1434, a converting limited partnership may amend the plan or abandon the planned conversion:
A. As provided in the plan; and [PL 2005, c. 543, Pt. C, §2 (NEW).]
B. Except as prohibited by the plan, by the same consent as was required to approve the plan. [PL 2005, c. 543, Pt. C, §2 (NEW).]
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 1433.
What does Maine Revised Statutes § 1433. cover?
Section 1433. ("Action on plan of conversion by converting limited partnership") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 1433.?
A common citation format is "Maine Revised Statutes § 1433." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 1433. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.