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This form should be used when a limited partnership is the converting entity and the converted entity is a limited liability company. This form should be used when a for-profit or professional corporation is the converting entity and the converted entity is a limited partnership.Delaware Law allows for the conversion of one entity type to another entity type. "Domestic partnership" means an association of two or more persons to carry on as co-owners a business for profit formed under § 50-73. Enter the complete name of the converting business entity. How long does it take to complete a filing with the Corporations Division? Contact the Alabama Department of Revenue for filing instructions, dates, and forms. 030 "Domestic limited-liability company" defined. Entity (NRS 92A.200). 608.439 Conversion of certain entities to a limited liability company.