limited partnership rollup transaction
(4) “Limited partnership rollup transaction” defined Except as provided in paragraph (5), as used in this subsection, the term “limited partnership rollup transaction” means a transaction involving the combination or reorganization of one or more limited partnerships, directly or indirectly, in which— (A) some or all of the investors in any of such limited partnerships will receive new securities, or securities in another entity, that will be reported under a transaction reporting plan declared effective before December 17, 1993 , by the Commission under section 78k–1 of this title ; (B) any of the investors’ limited partnership securities are not, as of the date of filing, reported under a transaction reporting plan declared effective before December 17, 1993 , by the Commission under section 78k–1 of this title ; (C) investors in any of the limited partnerships involved in the transaction are subject to a significant adverse change with respect to voting rights, the term of existence of the entity, management compensation, or investment objectives; and (D) any of such investors are not provided an option to receive or retain a security under substantially the same terms and conditions as the original issue.