Arizona Laws 29-369. Entity restructuring transactions
A. If a plan is approved as provided by section 29-370, a domestic limited partnership may be a party to or otherwise undertake a transaction by adopting a plan and otherwise complying with this article and:
Terms Used In Arizona Laws 29-369
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Plan: means a plan of merger, interest exchange, conversion, domestication or division, as applicable. See Arizona Laws 29-368
- Transaction: means a merger, an interest exchange, a conversion, a domestication or a division, as applicable. See Arizona Laws 29-368
1. Chapter 6, article 2 of this title for a merger.
2. Chapter 6, article 3 of this title for an interest exchange.
3. Chapter 6, article 4 of this title for a conversion.
4. Chapter 6, article 5 of this title for a domestication.
5. Chapter 6, article 6 of this title for a division.
B. The effective time and date of the transaction are as provided in chapter 6 of this title. Except as expressly set forth in this article, the procedures regarding the effect of and all other aspects of the transaction are governed by chapter 6 of this title.
C. This section does not limit the power of a limited partnership to acquire all or part of the interests of another entity through a voluntary exchange or otherwise.