§ 4146. Statement of conversion; effective date of conversion
(a) A statement of conversion shall be signed by the converting organization and delivered
to the Secretary of State for filing.
(b) A statement of conversion shall contain:
(1) the name, jurisdiction of formation, and type of organization of the converting organization;
(2) the name, jurisdiction of formation, and type of organization of the converted organization;
(3) if the converting organization is a domestic limited liability company, a statement
that the plan of conversion was approved in accordance with this subchapter, or, if
the converting organization is a foreign organization, a statement that the conversion
was approved by the foreign organization in accordance with the law of its jurisdiction
of formation;
(4) if the converted organization is a domestic organization, its public organizational
documents, as an attachment; and
(5) if the converted organization is a foreign limited liability partnership, its certificate
of authority to do business in the State, as an attachment.
(c) In addition to the requirements of subsection (b) of this section, a statement of
conversion may contain any other provision not prohibited by law.
(d) If the converted organization is a domestic organization, its public organizational
documents, if any, shall satisfy the requirements of the law of this State, except
that the public organizational documents do not need to be signed.
(e)(1) A plan of conversion that is signed by a domestic converting limited liability company
and meets all the requirements of subsection (b) of this section may be delivered
to the Secretary of State for filing instead of a statement of conversion and on filing
has the same effect.
(2) If a plan of conversion is filed as provided in this subsection, references in this
subchapter to a statement of conversion refer to the plan of conversion filed under
this subsection.
(f)(1) If the converted organization is a domestic limited liability company, the conversion
becomes effective when the statement of conversion is effective.
(2) In all other cases, the conversion becomes effective on the later of:
(A) the date and time provided by the governing statute of the converted organization;
or
(B) when the statement is effective. (Added 2015, No. 17, § 2.)