Filings Required for Conversion; Effective Date.

(a) After a plan of conversion is approved, if

(i)the converted organization is a domestic converted partnership, or

(ii)the governing statute of the converted organization does not provide for the filing of a conversion notice with the Secretary of State, or

(iii)the converted organization is a foreign organization:

(1) a converting partnership shall deliver to the Secretary of State for filing a certificate of conversion, which must include:

(i)a statement that the partnership was converted from, or has been converted to, another organization, as the case may be;

(ii)the name and form of the converting organization and the jurisdiction of its governing statute;

(iii)the date the conversion is effective under the governing statute of the converted organization;

(iv)a statement that the conversion was approved as required by Section 1-902 of this title, if the converted organization is not a converted partnership;

(v)a statement that the conversion was approved as required by the governing statute of the converted organization, if the converted organization is a converted partnership; and

(vi)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 subsection (c) of Section 1-904 of this title.

(2) if the governing statute of the converted organization requires the filing of an organizational document with the Secretary of State, the converted organization shall deliver to the Secretary of State for filing the required organizational document.

(b) A conversion becomes effective upon the future effective date or time set forth in the certificate of conversion, which shall be a date or time certain not later than ninety (90) days after the filing. If the certificate of conversion does not set forth a future effective date or time, the conversion becomes effective:

(1) if the converted organization is a domestic organization, when the certificate of conversion takes effect; and

(2) if the converted organization is a foreign organization, as provided by the governing act of the converted organization.

Added by Laws 1997, c. 399, § 49, eff. Nov. 1, 1997. Amended by Laws 2004, c. 255, § 58, eff. Nov. 1, 2004; Laws 2008, c. 253, § 35.

NOTE: Laws 2008, c. 382, § 315, which changed the effective date of Laws 2008, c. 253, §§ 1-47 to Jan. 1, 2010, was held unconstitutional by the Oklahoma Supreme Court in the case of Weddington v. Henry, 202 P.3d 143, 2008 OK 102 (2009).