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South Carolina Articles of Conversion - Corporation To Nonprofit...

South Carolina Articles of Conversion - Corporation To Nonprofit Corporation

Name: South Carolina Articles of Conversion - Corporation To Nonprofit Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.56 (408 reviews)

Category:

South Carolina Secretary of State - Corporations

State:

South Carolina

Control #:

SC-SKU-0807

Format:

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Description

Articles of Conversion - Corporation To Nonprofit Corporation South Carolina Articles of Conversion — Corporation To Nonprofit Corporation is a document used to convert a for-profit corporation into a nonprofit corporation in the state of South Carolina. This document must be filed with the Secretary of State of South Carolina in order to officially convert the corporation into a nonprofit. The Articles of Conversion must include the name of the for-profit corporation, the name of the nonprofit corporation, the address of the nonprofit corporation, the purpose(s) of the nonprofit corporation, the names and addresses of the directors of the nonprofit corporation, the name and address of the incorporated, and the date of filing. There are two types of South Carolina Articles of Conversion — Corporation To Nonprofit Corporation: a standard conversion (which is for a corporation that has not yet filed its Articles of Incorporation) and a conversion upon merger (which is for a corporation that has already filed its Articles of Incorporation).

South Carolina Articles of Conversion — Corporation To Nonprofit Corporation is a document used to convert a for-profit corporation into a nonprofit corporation in the state of South Carolina. This document must be filed with the Secretary of State of South Carolina in order to officially convert the corporation into a nonprofit. The Articles of Conversion must include the name of the for-profit corporation, the name of the nonprofit corporation, the address of the nonprofit corporation, the purpose(s) of the nonprofit corporation, the names and addresses of the directors of the nonprofit corporation, the name and address of the incorporated, and the date of filing. There are two types of South Carolina Articles of Conversion — Corporation To Nonprofit Corporation: a standard conversion (which is for a corporation that has not yet filed its Articles of Incorporation) and a conversion upon merger (which is for a corporation that has already filed its Articles of Incorporation).

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FAQ

Form CL-1 Initial Annual Report of Corporations must be submitted by both domestic and foreign corporations to the Secretary of State. LLC's filing as a corporation must submit Form CL-1 to SCDOR within 60 days of conducting business in this state.

Visit the Secretary of State's website at .sos.sc.gov to access the Business Entities Online filing application. You can also download the Articles of Incorporation form and submit it by mail. The fee to incorporate as a nonprofit corporation is $25.

A conversion is a filing that is made with the state of incorporation allowing a company to change from one business type to another.

We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area. Yes, a limited liability company (LLC) can be a nonprofit. However, forming a nonprofit limited liability company can be complex, so few people choose this option.

You can dissolve a corporation by filing Articles of Dissolution with the Secretary of State's office. For an LLC, you must file Articles of Termination. You can file these documents online or by mail. There is also a small fee requirement with the filing of the dissolution documents.

To amend your South Carolina articles of incorporation, file two copies of the Articles of Amendment with the South Carolina Secretary of State, Division of Business Filings (SOS).

What are the Steps to Change an LLC to a Nonprofit? Vote to Change the LLC to a Corporation. File Articles of Incorporation. How to Transfer Assets and Debts? Create an Operating Agreement. File Form 1023 With the Internal Revenue Service. Create a Mission Statement. Apply for Recognition of Exempt Status.

What are the Steps to Change an LLC to a Nonprofit? Resolve to convert from an LLC to a corporation by voting. Choose a name for the nonprofit organization (if you decide not to go with the LLC's name) Officially file Articles of Incorporation. Transfer the LLC's assets and liabilities to the corporation.

More info

Find the business entity conversion information chart, forms and signature requirements here. Some states will allow you to file Articles of Conversion to convert your LLC to a nonprofit.Some states would require an execution of new articles of incorporation for a new corporation while others allow an execution of articles of conversion. A Nonprofit Corporation Charter must be accurately completed in its entirety. Forms that are inaccurate, incomplete or illegible will be rejected. Does the secretary of state have merger or conversion forms? DivisionForm NameExpedited ServicesExpedited Service Request FormFictitious Names Amendment for Domestic Nonprofit Corporations, DomesticNonprofitAmendment.pdf. If changing entity name, must attach new name reservation certificate. Georgia Nonprofit. Corporation.

South Carolina Articles of Conversion - Corporation To Nonprofit Corporation

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