My CA LLC is planning to convert to a DE C Corporation. Other than the DE Articles of Incorporation and Certificate of Conversion, do I need any other documentation? Do I need a some sort of conversation agreement or memorandum that shows the conversion of the membership units of the LLC to shares of the new corporation. Thanks.
Answer
You should repost this question in the Delaware category, for Delaware attorneys to answer.
Answer
Delaware law will largely govern, but be sure to let the California Secretary of State know that the California LLC has been converted. Use Form CONV-1A. Filing fee is $30.
Answer
Well, I am assuming that you are (1) forming the Delaware Corporation for some solid reason and (2) you will still continue to "do business" in California and that (3) you will be dissolving the California LLC...to what perceived benefit. Even though you can certainly dissolve the California LLC and form a Delaware Corporation, the real question is "why" you would be considering this strategy. I would need more facts to offer an articluate answer.
If you would like a FREE memorandum and the advantages and disadvantages of various legal entities, just send us an email.
By Grace...
Shawn Jackson ESQ. (707) 584-4529
Business Development Attorney EMAIL: [email protected]/* */
www.CaliforniaBusinessDevelopmentAttorneys.com
www.CaliforniaBusinessDevelopmentCenter.com
www.CaliforniaBusinessDevelopmentPlans.com
No communication resulting herein shall create an attorney-client relationship unless a separate retainer agreement is signed by attorney and client. The information provided is not legal advice nor is it conveyed in the course of an attorney-client relationship, but is intended merely as a general overview with regard to the subject matter covered. You should not act upon this information without seeking professional counsel such as any attorney in this office in a subsequent email communication (agreement) and the formation of an attorney client relationship.
No comments:
Post a Comment