Title 7
Corporations, Associations, and Partnerships

Chapter 12.1
Uniform Partnership Act

Article 11
Merger, Interest Exchange, Conversion, and Domestication

Part 3
Interest Exchange

R.I. Gen. Laws § 7-12.1-1135

§ 7-12.1-1135. Statement of interest exchange — Effective date of interest exchange.

(a) A statement of interest exchange must be signed by a domestic acquired partnership and filed with the secretary of state.

(b) A statement of interest exchange must contain:

(1) The name of the acquired partnership;

(2) The name, jurisdiction of formation, and type of entity of the acquiring entity; and

(3) A statement that the plan of interest exchange was approved by the acquired partnership in accordance with this part.

(c) In addition to the requirements of subsection (b) of this section, a statement of interest exchange may contain any other provision not prohibited by law.

(d) An interest exchange becomes effective when the statement of interest exchange is effective.

History of Section.
P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective January 1, 2023.