(805 ILCS 215/1104)
Sec. 1104. Filings required for conversion; effective date.
(a) After a plan of conversion is approved:
(1) a converting limited partnership shall deliver to
the Secretary of State for filing articles of conversion, which must include:
(A) a statement that the limited partnership has
been converted into another organization;
(B) the name and form of the organization and the
jurisdiction of its governing statute;
(C) the date the conversion is effective under
the governing statute of the converted organization;
(D) a statement that the conversion was approved
as required by this Act;
(E) a statement that the conversion was approved
as required by the governing statute of the converted organization; and
(F) if the converted organization is a foreign
organization not authorized to transact business in this State, the street and mailing address of an office which the Secretary of State may use for the purposes of Section 1105(c); and
(2) if the converting organization is not a
converting limited partnership, the converting organization shall deliver to the Secretary of State for filing a certificate of limited partnership, which must include, in addition to the information required by Section 201:
(A) a statement that the limited partnership was
converted from another organization;
(B) the name and form of the organization and the
jurisdiction of its governing statute; and
(C) a statement that the conversion was approved
in a manner that complied with the organization's governing statute.
(b) A conversion becomes effective:
(1) if the converted organization is a limited
partnership, when the certificate of limited partnership takes effect; and
(2) if the converted organization is not a limited
partnership, as provided by the governing statute of the converted organization.
(Source: P.A. 93-967, eff. 1-1-05.)
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Last modified: February 18, 2015