Montana § 35-14-931 Plan Of Conversion

Montana Statutes

§ 35-14-931 — Plan Of Conversion

Montana § 35-14-931

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 14MONTANA BUSINESS CORPORATION ACT

Part 9Domestication and Conversion

This text of Montana § 35-14-931 (Plan Of Conversion) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-14-931 (2026).

Text

35-14-931 . Plan of conversion.

(1)A domestic corporation may convert to a domestic or foreign eligible entity under 35-14-930 through 35-14-935 by approving a plan of conversion. The plan of conversion must include:

(a)the name of the converting corporation;

(b)the name, jurisdiction of formation, and type of entity of the converted entity;

(c)the manner and basis of converting the shares of the domestic corporation into eligible interests or other securities, obligations, rights to acquire eligible interests or other securities, cash, other property, or any combination;

(d)the other terms and conditions of the conversion; and

(e)the full text that will be in effect immediately after the conversion becomes effective of the organic rules of the converted entity, which must be in writ

Free access — add to your briefcase to read the full text and ask questions with AI

35-14-931 . Plan of conversion. (1) A domestic corporation may convert to a domestic or foreign eligible entity under 35-14-930 through 35-14-935 by approving a plan of conversion. The plan of conversion must include:
(a) the name of the converting corporation;
(b) the name, jurisdiction of formation, and type of entity of the converted entity;
(c) the manner and basis of converting the shares of the domestic corporation into eligible interests or other securities, obligations, rights to acquire eligible interests or other securities, cash, other property, or any combination;
(d) the other terms and conditions of the conversion; and
(e) the full text that will be in effect immediately after the conversion becomes effective of the organic rules of the converted entity, which must be in writing.
(2) In addition to the requirements of subsection (1), a plan of conversion may contain any other provision not prohibited by law.
(3) The terms of a plan of conversion may be made dependent on facts objectively ascertainable outside the plan in accordance with 35-14-120 (11).