Tennessee Statutes
§ 48-61-119 — Conversion of domestic nonprofit corporation to foreign for-profit corporation - Articles of charter surrender
Tennessee·Title 48
(a)Whenever a domestic nonprofit corporation has adopted and approved, in the manner required by this chapter, a plan of for-profit conversion providing for the corporation to be converted to a foreign for-profit corporation, articles of charter surrender shall be executed on behalf of the corporation by any officer or other duly authorized representative. The articles of charter surrender shall set forth:
(1)The name of the corporation;
(2)A statement that the articles of charter surrender are being filed in connection with the conversion of the corporation to a foreign for-profit corporation;
(3)A statement that the foreign for-profit conversion was duly approved by the members in the manner required by this section and the charter; and (4) The corporation's new jurisdiction of incor
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Tennessee § 48-61-119 (Conversion of domestic nonprofit corporation to foreign for-profit corporation - Articles of charter surrender) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2014 Tenn. Acts, ch. 899, s 72, eff. 1/1/2015.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration