| A limited liability company may convert to another business |
entity, as described in section 746, other than a limited |
liability company, upon the authorization of the conversion in |
accordance with this section and to the extent authorized by and |
in accordance with applicable statutes to convert to any other |
business entity.__If the operating agreement specifies the manner |
of authorizing a conversion of the limited liability company, the |
conversion is authorized as specified in the provisions of the |
operating agreement, as long as the provisions do not explicitly |
exclude conversions.__If the operating agreement does not specify |
the manner of authorizing a conversion of the limited liability |
company and does not prohibit a conversion, the conversion is |
authorized in the same manner as is specified in the operating |
agreement for authorizing a merger or consolidation that involves |
the limited liability company as a constituent party to the |
merger or consolidation.__If the operating agreement does not |
specify the manner of converting a limited liability company or |
the merger or consolidation of the limited liability company, the |
conversion is authorized in the same manner as is specified in |
section 742 authorizing a merger or consolidation that involves |
the limited liability company that is a constituent party to the |
merger or consolidation. |