Montana § 35-8-1403 Plan Of Domestication

Montana Statutes

§ 35-8-1403 — Plan Of Domestication

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 8 MONTANA LIMITED LIABILITY COMPANY ACT·Part 14 Domestication

35-8-1403 . Plan of domestication.

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

(a)the name and type of entity of the domesticating entity;

(b)the name and jurisdiction of formation of the domesticated entity;

(c)the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of these;

(d)the proposed public organic record of the domesticated entity if it is a filing entity;

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

(f)the other terms and conditions of the domestication; and

(g)any

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35-8-1403 . Plan of domestication. (1) A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan must be in a record and must contain:
(a) the name and type of entity of the domesticating entity;
(b) the name and jurisdiction of formation of the domesticated entity;
(c) the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of these;
(d) the proposed public organic record of the domesticated entity if it is a filing entity;
(e) the full text of the private organic rules of the domesticated entity that are proposed to be in a record;
(f) the other terms and conditions of the domestication; and
(g) any other provision required by the law of this state or the organic rules of the domesticating entity.
(2) In addition to the requirements of subsection (1), a plan of domestication may contain any other provision not prohibited by law.

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