Articles And Plan Of Conversion

ARTICLES OF CONVERSION. This form is used to facilitate the legal transformation of a Minnesota domestic business corporation into a different type of business entity, such as a limited liability company (LLC), limited partnership (LP), limited liability partnership (LLP), or cooperative, either within Minnesota or in another jurisdiction. This form ensures that the conversion process complies with Minnesota law, Chapter 302A, and, if applicable, the legal requirements of the new jurisdiction. The form requires detailed information, including the name and file number of the business before and after conversion, the home jurisdiction of both the original and converted entity, and the effective date of the conversion. If the new entity is a domestic organization, the conversion must be approved under Section 322C.1007 of Minnesota law. If it is a foreign entity, approval must be obtained according to the laws of its new jurisdiction. If the converted organization is a foreign entity that is not authorized to conduct business in Minnesota, it must appoint the Minnesota Secretary of State as its agent for service of process. For domestic conversions, a copy of the Articles of Incorporation or Articles of Organization must be submitted along with the form. The filing fee is $55 for expedited in-person service and $35 for mail submissions. Failure to include all required information may result in the form being rejected. www.FormsWorkFlow.com