A statutory conversion is a procedure:
I. Which involves only a single business entity; and
II. Under which the converting business entity, as defined in RSA 304-C:148, II:
(a) Converts its business organization form to a different business organization form; but
(b) Remains the same business entity after the statutory conversion as before.
Source. 2012, 232:2, eff. Jan. 1, 2013.