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For Domestic Limited Liability Companies: Agency:Pennsylvania Department of State - Bureau of Corporations and Charitable OrganizationsForm:Statement of MergerAgency Fee:$70 plus $40 for each association that is a party to the merger.
Anyone can be a member of a Delaware LLC or corporation. Generally, the members of an LLC are individuals, but it doesn't stop there. Many people opt to set up the Delaware LLC with another company as the member. This can be a corporation, LP, or even another Delaware LLC.
Short Form Merger in a Legal Context allows bidders of targets incorporated in Delaware to conduct a short-form merger after achieving only 50% ownership as opposed to 90% that is required in almost all other states.
Merging Domestic Corporations and Limited Liability Companies. One or more corporations of Delaware can consolidate or merge with one or more limited liability companies in the state of Delaware or elsewhere in the United States.
The California Corporations Code (CCC) requires the board of directors of the California Corporation as well as the Delaware subsidiary to approve the agreement of merger before you convert a California entity to a Delaware entity.
The corporate laws of Delaware allow a corporation to convert to an LLC with relative ease. The Delaware General Corporation Law states: ?[a]ny other entity may convert to a domestic limited liability company by complying with subsection (h) of this section and filing in the office of the Secretary of State.?
One or more corporations of Delaware can consolidate or merge with one or more limited liability companies in the state of Delaware or elsewhere in the United States.
Mergers combine two separate businesses into a single new legal entity. True mergers are uncommon because it's rare for two equal companies to mutually benefit from combining resources and staff, including their CEOs.