North Carolina § 59-1050 - Conversion.
Full text of North Carolina North Carolina General Statutes § 59-1050 — Conversion., with citation guidance and answers to common questions.
§ 59-1050. Conversion.
A business entity other than a domestic limited partnership may convert to a domestic limited partnership if: The conversion is permitted by the laws of the state or country governing the organization and internal affairs of the converting business entity; and The converting business entity complies with the requirements of this part and, to the extent applicable, the laws referred to in subdivision (1) of this section. History (1999-369, s. 4.8; 2001-387, s. 139.) Editor's Note. - Session Laws 1999-369 s. 4.8, enacted the sections under this Part as G.S. 59-1007 to 59-1014; they were recodified as G.S. 59-1050 to 59-1057 at the direction of the Revisor of Statutes. Session Laws 2001-387, s. 154(b), provides that nothing in this act shall supersede the provisions of Article 10 or 65 of Chapter 58 of the General Statutes, and this act does not create an alternate means for an entity governed by Article 65 of Chapter 58 of the General Statutes to convert to a different business form.
Frequently Asked Questions About North Carolina § 59-1050
What does North Carolina General Statutes § 59-1050 cover?
Section 59-1050 ("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 § 59-1050?
A common citation format is "North Carolina General Statutes § 59-1050" (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 § 59-1050 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.