N.C. Gen. Stat. § 57D-9-01

Definitions.

Last amended: 2013Year: 2026Length: 198 wordsOfficial source
§ 57D-9-01. Definitions. Unless otherwise specifically provided, the following definitions apply in this Article: (1) Articles of organization and conversion. - The document filed by the Secretary of State under G.S. 57D-9-22 for the purpose of converting an eligible entity into an LLC. (2) Converting entity. - An eligible entity that converts into another eligible entity pursuant to Part 2 or Part 3 of this Article 9. (3) Converting LLC. - A converting entity that is an LLC. (4) Eligible entity. - A corporation, including a professional corporation as defined in G.S. 55B-2 and a foreign professional corporation defined in G.S. 55B-16, a domestic or foreign nonprofit corporation, a limited liability company, a domestic or foreign limited partnership, a registered limited liability partnership or foreign limited liability partnership as defined in G.S. 59-32, or any other partnership as defined in G.S. 59-36, whether or not formed under the laws of this State. (5) Merging entity. - An eligible entity that is a party to a merger. (6) Merging LLC. - A merging entity that is an LLC. (7) Surviving entity. - The eligible entity into which a converting entity converts or into which an eligible entity is merged.
N.C. Gen. Stat. § 57D-9-01: Definitions. | Justis AI