Arizona § 29-2401 Conversion authorized

Arizona Statutes

§ 29-2401 — Conversion authorized

Arizona § 29-2401

Title 29Arizona Revised Statutes

Ch. 6ARIZONA ENTITY RESTRUCTURING ACT

Art. 4Conversion

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Bluebook

Ariz. Rev. Stat. Ann. § 29-2401 (2026).

Text

A.By complying with this article, a domestic entity may become either of the following:

1.A domestic entity of a different type.

2.A foreign entity of a different type if the conversion is authorized by the law of the foreign jurisdiction.

B.A foreign entity may become a domestic entity of a different type under this article if the conversion is authorized by the law of the foreign entity's jurisdiction of organization.

C.If a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger until the agreement is amended after the effective date of this section.

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A. By complying with this article, a domestic entity may become either of the following:

1. A domestic entity of a different type.

2. A foreign entity of a different type if the conversion is authorized by the law of the foreign jurisdiction.

B. A foreign entity may become a domestic entity of a different type under this article if the conversion is authorized by the law of the foreign entity's jurisdiction of organization.

C. If a protected agreement contains a provision that applies to a merger of a domestic entity but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger until the agreement is amended after the effective date of this section.