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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) By complying with sections 11.03 through 11.06 of this title, a domestic corporation may become a domestic organization that is a different type of organization.
(b) By complying with sections 11.03 through 11.06 of this title, a domestic organization may become a domestic corporation.
(c) By complying with sections 11.03 through 11.06 of this title applicable to foreign organizations, a foreign organization that is not a foreign corporation may become a domestic corporation if the conversion is authorized by the law of the foreign organization's jurisdiction of formation.
(d) If a protected agreement contains a provision that applies to a merger of a domestic corporation but does not refer to a conversion, the provision applies to a conversion of the corporation as if the conversion were a merger until the provision is amended after July 1, 2017.
Cite this article: FindLaw.com - Vermont Statutes Title 11 A. Vermont Business Corporations, § 11.02. Conversion authorized - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-a-vermont-business-corporations/vt-st-tit-11a-sect-11-02/
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