Added by Stats. 2012, Ch. 419, Sec. 20. (SB 323) Effective January 1, 2013. Operative January 1, 2014, by Sec. 32 of Ch. 419.
(a)A conversion into an other business entity or a foreign other business entity or a foreign limited liability company shall become effective upon the earliest date that all of the following occur:
(1)The plan of conversion is approved by the members of the converting limited liability company, as provided in Section 17710.03.
(2)All documents required by law to create the converted entity are filed, which documents shall also contain a statement of conversion, if required under Section 17710.06.
(3)The effective date, if set forth in
the plan of conversion, occurs.
(b)A copy of the certificate of limited partnership, statement of partnership authority, articles of incorporation, or certificate of conversion complying with Section 17710.06, if applicable, duly certified by the Secretary of State, is conclusive evidence of the conversion of the limited liability company.
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Other sections in Article 10 - Merger and Conversion