Statement Of Conversion (Entity With An AK Number Converting To Dom. LLC) {08-0578}

08-0578 - STATEMENT OF CONVERSION: ENTITY WITH AN AK ENTITY NUMBER CONVERTING TO A DOMESTIC (ALASKAN) LIMITED LIABILITY COMPANY. This form is used when a business entity registered in Alaska wants to convert its structure into a Domestic (Alaskan) Limited Liability Company (LLC). Governed by the Alaska Entity Transaction Act (AS 10.55.401–10.55.406 and AS 10.50.075), this process legally transforms the entity while maintaining its business continuity. The conversion requires the entity to be in good standing—meaning all biennial reports must be filed, officials must be up to date, and the registered agent’s information must be current. The conversion form includes details such as the name and Alaska Entity Number of the current entity, the name of the new LLC, the articles of organization for the LLC, and a future effective date if applicable. It must be signed by a current authorized official of the converting entity. After conversion, all previously recorded officials will be removed from the record, and a Notice of Change of Officials must be filed for the new LLC. This filing must be submitted along with a $175 non-refundable fee, which includes $25 for the Statement of Conversion and $150 for the Articles of Organization. The form must be mailed or faxed (with payment), as email submissions are not accepted. Standard processing time is 10–15 business days. www.FormsWorkflow.com