2024 Minnesota Statutes

323A.0912 FILINGS REQUIRED FOR DOMESTICATION; EFFECTIVE DATE.

Subdivision 1.Articles of domestication.

After a plan of domestication is approved, a domesticating partnership shall file with the secretary of state articles of domestication, which articles of domestication must include:

(1) a statement, as the case may be, that the partnership has been domesticated from or into another jurisdiction;

(2) the name of the domesticating partnership and the jurisdiction of its governing statute;

(3) the name of the domesticated partnership and the jurisdiction of its governing statute;

(4) the date the domestication is effective under the governing statute of the domesticated company;

(5) if the domesticating partnership was a domestic partnership, a statement that the domestication was approved as required by this chapter;

(6) if the domesticating company was a foreign partnership, a statement that the domestication was approved as required by the governing statute of the other jurisdiction; and

(7) if the domesticated partnership was a foreign partnership, the street address of an office that the secretary of state may use for the purposes of section 5.25.

Subd. 2.Effective date of domestication.

A domestication becomes effective:

(1) upon the filing of the articles of domestication, or a later date specified in the articles of domestication, if the domesticated partnership is a domestic partnership; and

(2) according to the governing statute of the domesticated company, if the domesticated organization is a foreign partnership.

History:

2018 c 103 s 38

NOTE: This chapter was formerly codified as sections 323A.1-01 to 323A.12-03. See Minnesota Statutes 2002. The chapter was recodified in 2004 as sections 323A.0101 to 323A.1203. The recodification is arranged in the same sequence as the original codification.