Action on plan of conversion by converting limited partnership
31 M.R.S. §1433
in effect1433. 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
B. Except as prohibited by the plan, by the same consent as was required to approve the plan.
PL 2005, c. 543, §C2 (NEW).
Source: Maine Legislature, Office of the Revisor of Statutes (legislature.maine.gov)URL: https://legislature.maine.gov/statutes/31/title31sec1433.htmlFetched: 10/20/2026