North Carolina § 57D-9-20 - Conversion.
Full text of North Carolina North Carolina General Statutes § 57D-9-20 — Conversion., with citation guidance and answers to common questions.
§ 57D-9-20. Conversion.
An eligible entity other than an LLC may convert to an LLC if both of the following requirements are met: The conversion is permitted by the law governing the organization and internal affairs of the converting entity. The converting entity complies with the requirements of this Part and, to the extent applicable, the law governing its organization and internal affairs immediately before the conversion. The conversion of a charitable or religious corporation to an LLC is permitted by law if the sole member of the surviving entity immediately after the conversion is a charitable or religious corporation. This subsection shall not limit the ability of an eligible entity to convert to an LLC if otherwise permitted by law. For purposes of this section, charitable or religious corporation shall be as defined in G.S. 55A-1-40(4). History (2013-157, s. 2; 2016-114, s. 3.) Effect of Amendments. - Session Laws 2016-114, s. 3, effective October 1, 2016, inserted the subsection (a) designation; and added subsections (b) and (c).
Frequently Asked Questions About North Carolina § 57D-9-20
What does North Carolina General Statutes § 57D-9-20 cover?
Section 57D-9-20 ("Conversion.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 57D-9-20?
A common citation format is "North Carolina General Statutes § 57D-9-20" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 57D-9-20 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.