178.1144 Filings required for conversion; effective date.
(1) After the converting entity has approved a plan of conversion in accordance with its governing law, the converting entity shall deliver, or cause to be delivered, to the department for filing articles of conversion setting forth all of the following:
(a) The name, type of entity, and governing law the converting entity.
(b) The name, type of entity, and governing law of the converted entity.
(c) A statement that the plan of conversion has been approved and adopted by the converting entity in accordance with its governing law.
(d) Any organizational documents of the converted entity under s. 178.1142 (1) (e) that are to be in a public record under its governing law, including, if the converted entity is a domestic limited liability partnership, its statement of qualification.
(e) A statement that the plan of conversion is on file at the principal office of the converted entity.
(f) A statement that upon request the converted entity will provide a copy of the plan of conversion to any person that was an interest holder of the converting entity.
(2) In addition to the requirements of sub. (1), the articles of conversion may contain any other provisions relating to the conversion, as determined by the converting entity in accordance with the plan of conversion.
(3) If the converted entity is a foreign entity that will be required to register to do business in this state immediately after the conversion and it has not previously registered to do so or been assigned a registration to do so under s. 178.1009, it shall so register.
(4) A conversion takes effect at the effective date and time of the articles of conversion.
History: 2015 a. 295.
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