Conversion

7-131-101.5. Conversion. A nonprofit corporation may convert into any form of entity permitted by section 7-90-201 if the board of directors of the nonprofit corporation adopts a plan of conversion that complies with section 7-90-201.3 and the members entitled to vote thereon, if any, if required by section 7-131-102, approve the plan of conversion. Source: L. 2007: Entire section added, p. 250, � 55, effective May 29.