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§ 25-05-365 — Washington Law | CourtGPT
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Washington Legal Code

§ 25-05-365

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RCW 25.05.365Effect of conversion—Entity unchanged.(1) A partnership or limited partnership that has been converted pursuant to this article is for all purposes the same entity that existed before the conversion.(2) When a conversion takes effect:(a) All property owned by the converting partnership or limited partnership remains vested in the converted entity;(b) All obligations of the converting partnership or limited partnership continue as obligations of the converted entity; and(c) An action or proceeding pending against the converting partnership or limited partnership may be continued as if the conversion had not occurred.[ 1998 c 103 s 904.]