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Pennsylvania Statement of Conversion [DSCB:15-355]

Dscb 15 8821

Name: Pennsylvania Statement of Conversion [DSCB:15-355]
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.76 (371 reviews)

Category:

Pennsylvania Department of State - Unincorporated Nonprofit Association

State:

Pennsylvania

Control #:

PA-SKU-0240

Format:

Instant download

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Description

Statement of Conversion [DSCB:15-355] The Pennsylvania Statement of Conversion [DSC:15-355] is a document required by the Pennsylvania Department of State Bureau of Corporations and Charitable Organizations (DSC) when an entity is converting from one type of business form to another. It is used to officially register the conversion and provide the state with details of the new business entity. There are two types of Pennsylvania Statement of Conversion: the Domestic Entity Conversion Statement and the Foreign Entity Conversion Statement. The Domestic Entity Conversion Statement is used to convert a Pennsylvania domestic entity, such as a Corporation or Limited Liability Company, from one type of entity to another. The Foreign Entity Conversion Statement is used to convert a foreign entity, such as a Corporation or Limited Liability Company, to a Pennsylvania domestic entity. Both Statements must be completed and submitted to the DSC along with the filing fee in order to officially register the conversion.

The Pennsylvania Statement of Conversion [DSC:15-355] is a document required by the Pennsylvania Department of State Bureau of Corporations and Charitable Organizations (DSC) when an entity is converting from one type of business form to another. It is used to officially register the conversion and provide the state with details of the new business entity. There are two types of Pennsylvania Statement of Conversion: the Domestic Entity Conversion Statement and the Foreign Entity Conversion Statement. The Domestic Entity Conversion Statement is used to convert a Pennsylvania domestic entity, such as a Corporation or Limited Liability Company, from one type of entity to another. The Foreign Entity Conversion Statement is used to convert a foreign entity, such as a Corporation or Limited Liability Company, to a Pennsylvania domestic entity. Both Statements must be completed and submitted to the DSC along with the filing fee in order to officially register the conversion.

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FAQ

Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS.

--Unless otherwise restricted in the bylaws, any action required or permitted to be taken at a meeting of the shareholders or of a class of shareholders of a business corporation may be taken without a meeting if a consent or consents to the action in record form are signed, before, on or after the effective date of

A Statement of Conversion must be filed with the Pennsylvania Department of State where: (1) a domestic entity becomes a domestic entity of a different type or a domestic banking institution. (2) a domestic banking institution becomes a domestic association of a different type.

--A consent may provide, or a person signing a consent, whether or not then a director, may instruct in record form that the consent will be effective at a future time, including a time determined upon the happening of an event.

PENNSYLVANIA'S NEW ENTITY TRANSACTION LAW MAKES IT EASIER TO CONVERT A LLC TO A CORPORATION. On July 1, 2015, Pennsylvania's new Entity Transaction Law went into effect and made it easier, faster, and cheaper for business entities to engage in ?fundamental transactions? with another business entity.

Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.

You can file your Certificate of Organization online, by mail, or in person. If you apply online, you will need to pay a $125 fee and can expect your Certificate to be approved within seven to ten business days. Mail filings also will take seven to ten days to process, and require the same $125 fee.

A PA is an independent legal entity which continues to exist for decades after its creation. A majority of states have strict restrictions on who can form a professional corporation and the services they can offer.

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If the converting association is a nonregistered foreign association, the address, including street and number, if. Download Fillable Form Dscb:15-355 In Pdf - The Latest Version Applicable For 2023.Download Statement of Conversion (DSCB:15-355) – Department of State (Pennsylvania) form. 15-355. Statement of Conversion. 15-366. Statement of Division. C.S. § 355 (relating to statement of conversion; effectiveness) and DSCB:54-311 (Application for Registration of Fictitious Name) relates to 54 Pa. Form DSCB:UCC-3 (Uniform Commercial Code-Financing Statement Change). If you want to convert your organization then you will be needing a legal statement that will help you complete the process. SplitForm NameExpedited AuxiliaryExpedited Service Request FormFictitious Names DepartmentsForm NameExpedited ServicesExpedited Service Request FormFictitious Namer

Dscb 15 8821

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