Corporate reorganization may be carried out only under statutory authority, and the requirements as to manner of reorganization, to the extent that they are prescribed, must be complied with. Thus, before drafting any instrument relating to reorganization, either voluntary or involuntary, counsel should become familiar with the applicable statutes in the particular jurisdiction. Depending on the circumstances, it may also be necessary to consult federal statutes, such as the securities acts, the Bankruptcy Code, and the Internal Revenue Code.
A Type F reorganization plan is defined in the Internal Revenue Code as "a mere change in identity, form or place of organization of one corporation, however (a)ffected." F reorganization rules generally apply to a corporation that changes its name, the state where it does business or if it makes changes in the company's corporate charter, in which case a transfer is deemed to occur from the prior corporation to the new company.
Orlando Florida Agreement and Plan of Merger with Change in Corporations' Identity, Form or Place of Organization (Type F Reorganization)
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State:
Multi-State
City:
Orlando
Control #:
US-0864BG
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Word;
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The cost of living in Orlando is lower than the national average. This means that people from all walks of life can afford to live here. The city has a thriving economy, which is great for people looking for job opportunities.
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