Certificate Of Conversion {554}

554- CERTIFICATE OF CONVERSION FOR USE BY A CORPORATION CONVERTING INTO A BUSINESS ORGANIZATION. This form is used in Michigan when a domestic or foreign corporation wishes to change its business structure into another type of legal entity, such as a limited liability company (LLC) or another form of corporation. This form allows the corporation to formally record its decision to convert and provides the necessary details about both the entity before conversion and the new entity after conversion, including names, addresses, governing statutes, and ownership structures. Depending on the type of corporation, the form may also require information about outstanding shares, voting rights of shareholders or members, and how ownership interests will be converted in the new entity. The Certificate ensures that the conversion is properly authorized—either by incorporators, directors, shareholders, or members—and that all legal requirements are met under Michigan law. www.FormsWorkflow.com