Connecticut § 34-642 Plan of domestication.

Connecticut Statutes

§ 34-642 — Plan of domestication.

Connecticut·Title 34 Limited Partnerships, Partnerships, Professional Associations, Limited Liability Companies and Statutory Trusts·Ch. 616 Entity Transactions

(a)A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan shall be in a record and contain:

(1)The name and type of the domesticating entity;

(2)The name and jurisdiction of organization of the domesticated entity;

(3)The manner of converting the interests in the domesticating entity into interests, securities, obligations, rights to acquire interests or securities, cash, or other property, or any combination thereof;

(4)The proposed public organic document of the domesticated entity if it is a filing entity;

(5)The full text of the private organic rules of the domesticated entity that are proposed to be in a record;

(6)The other terms and conditions of the domestication; and (7) Any other provision required by the law of this

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(a) A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan shall be in a record and contain: (1) The name and type of the domesticating entity; (2) The name and jurisdiction of organization of the domesticated entity; (3) The manner of converting the interests in the domesticating entity into interests, securities, obligations, rights to acquire interests or securities, cash, or other property, or any combination thereof; (4) The proposed public organic document of the domesticated entity if it is a filing entity; (5) The full text of the private organic rules of the domesticated entity that are proposed to be in a record; (6) The other terms and conditions of the domestication; and (7) Any other provision required by the law of this state or the organic rules of the domesticating entity. (b) A plan of domestication may contain any other provision not prohibited by law.

Connecticut § 34-642 (Plan of domestication.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.