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Alabama Conversion of a Domestic Entity - Business Corporation to Limited Liability Company

Category:
Alabama Secretary of State - Conversions
State:
Alabama
Control #:
AL-CONVERSIONS-003
Format:
PDF
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Description

Conversion of a Domestic Entity - Business Corporation to Limited Liability Company Alabama Conversion of a Domestic Entity — Business Corporation to Limited Liability Company is a conversion of an existing business corporation to a Limited Liability Company (LLC) in the state of Alabama. The process involves filing a Certificate of Conversion with the Alabama Secretary of State. The Certificate of Conversion must include the name of the converting corporation, the name of the LLC, the date of conversion, the effective date of conversion, and the signature of an authorized officer of the converting corporation. There are two types of Alabama Conversion of a Domestic Entity — Business Corporation to Limited Liability Company: Statutory Conversion and Non-Statutory Conversion. Statutory Conversion involves filing a Certificate of Conversion and Articles of Organization with the Secretary of State. Non-Statutory Conversion does not require the filing of any documents with the Secretary of State. Instead, the assets and liabilities of the converting corporation are transferred to the LLC through a written agreement.

Alabama Conversion of a Domestic Entity — Business Corporation to Limited Liability Company is a conversion of an existing business corporation to a Limited Liability Company (LLC) in the state of Alabama. The process involves filing a Certificate of Conversion with the Alabama Secretary of State. The Certificate of Conversion must include the name of the converting corporation, the name of the LLC, the date of conversion, the effective date of conversion, and the signature of an authorized officer of the converting corporation. There are two types of Alabama Conversion of a Domestic Entity — Business Corporation to Limited Liability Company: Statutory Conversion and Non-Statutory Conversion. Statutory Conversion involves filing a Certificate of Conversion and Articles of Organization with the Secretary of State. Non-Statutory Conversion does not require the filing of any documents with the Secretary of State. Instead, the assets and liabilities of the converting corporation are transferred to the LLC through a written agreement.

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