(1) A statement of conversion must be signed on behalf of the converting entity and filed with the secretary of state. (2) A statement of conversion must contain: (a) The name, jurisdiction of organization, and type of the converting entity; (b) The name, jurisdiction of organization, and type of the converted entity; (c) If the statement of conversion is not to be effective upon filing, the later date and time on which it will become effective, which may not be more than ninety (90) days after the date of filing; (d) If the converting entity is a domestic entity, a statement that the plan of conversion was approved in accordance with this part or, if the converting entity is a foreign entity, a statement that the conversion was approved by the foreign converting entity in accordance with the law of its jurisdiction of organization; (e) If the converted entity is a domestic filing entity, the text of its public organic document, as an attachment; (f) If the converted entity is a domestic limited liability partnership, the text of its statement of qualification, as an attachment; and (g) If the converted entity is a foreign entity that is not a qualified foreign entity, a mailing address to which the secretary of state may send any process served on the secretary of state pursuant to section 30-18-406 (5), Idaho Code. (3) In addition to the requirements of subsection (2) of this section, a statement of conversion may contain any other provision not prohibited by law. (4) If the converted entity is a domestic entity, its public organic document, if any, must satisfy the requirements of the law of this state, except that it does not need to be signed and may omit any provision that is not required to be included in a restatement of the public organic document. (5) A plan of conversion that is signed on behalf of a domestic converting entity and meets all of the requirements of subsection (2) of this section may be filed with the secretary of state instead of a statement of conversion and upon filing has the same effect. If a plan of conversion is filed as provided in this subsection (5), references in this chapter to a statement of conversion refer to the plan of conversion filed under this subsection (5). (6) A statement of conversion becomes effective upon the date and time of filing or the later date and time specified in the statement of conversion.
‹ Prev All Idaho sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.