LD 1609
pg. 42
Page 41 of 146 PUBLIC Law Chapter 543 Page 43 of 146
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LR 1469
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3.__Name in which property held.__Except as otherwise provided
in subsection 4, for the purposes of section 1032, property of
the surviving partnership or limited partnership that before the
merger was held in the name of another party to the merger is
property held in the name of the surviving entity upon filing a
statement of merger.

 
4.__Transfer of real property.__For the purposes of section
1032, real property of the surviving partnership or limited
partnership that before the merger was held in the name of
another party to the merger is property held in the name of the
surviving entity.__A certified copy of the statement of merger
may be recorded in the registry of deeds of the county in which
the real property is located as evidence of title, but the
failure to record the statement does not affect the validity of
the transfer of title.

 
5.__Incomplete statement.__A filed and, if appropriate,
recorded statement of merger, executed and declared to be
accurate pursuant to section 1005, subsection 3, stating the name
of a partnership or limited partnership that is a party to the
merger in whose name property was held before the merger and the
name of the surviving entity, but not containing all of the other
information required by subsection 2, operates with respect to
the partnerships or limited partnerships named to the extent
provided in subsections 3 and 4.

 
§1098.__Nonexclusive

 
This subchapter is not exclusive.__Partnerships or limited
partnerships may be converted or merged in any other manner
provided by law.

 
SUBCHAPTER 10

 
MISCELLANEOUS PROVISIONS

 
§1101.__Uniformity of application and construction

 
This chapter must be applied and construed to effectuate its
general purpose to make uniform the law with respect to the
subject of this chapter among states enacting it.

 
§1102.__Short title

 
This chapter may be known and cited as "the Uniform
Partnership Act."

 
§1103.__Effective date


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