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Utah Business Trust Registration Information Change Form

Utah Business Trust Registration Information Change Form

Name: Utah Business Trust Registration Information Change Form
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (416 reviews)

Category:

Utah Department of Commerce - Corporations Division - General

State:

Utah

Control #:

UT-SKU-0085

Format:

Instant download

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Public form

Description

Business Trust Registration Information Change Form The Utah Business Trust Registration Information Change Form is used by existing business trusts in Utah to update and amend certain information on their records. This includes updating the name of the trust, its address, and its list of trustees. There are two versions of the Utah Business Trust Registration Information Change Form: the online version and the paper version. The online version can be accessed and submitted through the Utah Division of Corporations and Commercial Code website. The paper version can be printed and submitted to the Division of Corporations and Commercial Code. Both versions require the business trust's name, address, and list of trustees, as well as the reason for the change and the signatory's name and title.

The Utah Business Trust Registration Information Change Form is used by existing business trusts in Utah to update and amend certain information on their records. This includes updating the name of the trust, its address, and its list of trustees. There are two versions of the Utah Business Trust Registration Information Change Form: the online version and the paper version. The online version can be accessed and submitted through the Utah Division of Corporations and Commercial Code website. The paper version can be printed and submitted to the Division of Corporations and Commercial Code. Both versions require the business trust's name, address, and list of trustees, as well as the reason for the change and the signatory's name and title.

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How to fill out Utah Business Trust Registration Information Change Form?

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FAQ

You can file the amendment online or by mail. If you have an LLC, you'll be amending your Articles of Organization, and if you have a corporation, you'll amend its Articles of Incorporation. Your name change will be effective on the next business day after filing. There's a small filing fee for every amendment.

An individual trust typically contains assets such as money or property, but a business trust holds the rights to an individual's stake or interest in a business. As a result, a business trust can be the legal entity that technically owns a business. Business trusts can have one or multiple beneficiaries.

You can not amend or merge a DBA, however, you can amend or merge the business entity that owns the DBA. If you wish to convert the DBA to another entity type, you would need to create Articles/Statement of Conversion and file that along with the application or articles for the new entity type.

How Does a Business Trust Work? A trust is an agreement that allows one party, known as a trustee, to hold, manage, and direct assets or property on behalf of another party, called the beneficiary. In a business trust, a trustee manages a business and conducts transactions for the benefit of its beneficiaries.

A Business Trust is an entity engaged in a trade or business that is created by a declaration of trust that transfers property to trustees, to be held and managed by them for the benefit of persons holding certificates representing beneficial interest in the trust estate and assets.

Typically, business trusts are used for individuals who want to safeguard themselves from creditors, taxes, and lawsuits. Trustees also hold the business title, but beneficiaries receive proof of interest certificates.

Disadvantages of a Business Trust The first is there's going to be an ongoing cost to maintain the trust. So somebody's got to manage the trust. There's going to be additional administration costs it's going to have separate paperwork it needs to file.

To make amendments to your Utah Corporation, you must provide the completed Articles of Amendment to Articles of Incorporation (Profit) form, with the processing fee, to the Division of Corporations & Commercial Code by mail, fax or in person. If faxing your amendments, include the Fax Cover Letter.

More info

Business Trust Registration Information Change Form. This is a Utah form and can be use in Corporations Division Department Of Commerce.Please choose the form below that best meets your needs. Business Forms ; Commercial Registered Agent Registration, Change or Termination Statement (NRS CHAPTERS 77. The corporation forms are available in Adobe Acrobat fill-able format. To download a form you must use a PDF reader. These forms pass the Adobe Accessibility Standard, 508 Federal Standards and WCG Guidelines. There are two ways to update your corporation (including nonprofits) or limited liability company. Complete the Information Change Form. The Pennsylvania Online Business Entity Registration (PA-100) will not be available for registration after November 13, 2022.

Utah Business Trust Registration Information Change Form

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