[§428-908] Notice of conversion or merger of partnership or limited partnership. [Section effective until June 30, 2000. For section effective July 1, 2000, see below.] A partnership or limited partnership which intends to be converted to a limited liability company pursuant to sections 428-902 and 428-903 or which intends to be party to a merger into a limited liability company pursuant to sections 428-905 to 428-907, shall:
(1) Publish, once in each of three successive weeks (three publications) in a newspaper of general circulation published in the State, notice thereof to the public, and
(2) Make reasonable efforts to give notice thereof in a reasonable manner to persons with whom the partnership or limited partnership expects to have a continuing business relationship as of the time of the conversion or merger. A partnership or limited partnership which determines in a reasonable manner the persons to whom such notice is given shall be in compliance with this section even if notice is not received by all persons with whom the partnership or limited partnership conducted business prior to the conversion or merger or by all persons with whom the limited liability conducts business after the conversion. [L 1996, c 92, pt of §1]
§428-908 Notice of conversion or merger of partnership or limited partnership. [Section effective July 1, 2000. For section effective until June 30, 2000, see above.] A partnership or limited partnership which intends to be converted to a limited liability company pursuant to section 428-903 or that intends to be party to a merger into a limited liability company pursuant to sections 428-905 to 428-907, shall:
(1) Publish, once in each of three successive weeks (three publications) in a newspaper of general circulation published in the State, notice thereof to the public; and
(2) Make reasonable efforts to give notice thereof in a reasonable manner to persons with whom the partnership or limited partnership expects to have a continuing business relationship as of the time of the conversion or merger. A partnership or limited partnership which determines in a reasonable manner the persons to whom such notice is given shall be in compliance with this section even if notice is not received by all persons with whom the partnership or limited partnership conducted business prior to the conversion or merger or by all persons with whom the limited liability company conducts business after the conversion. [L 1996, c 92, pt of §1; am L 1999, c 280, §22]