Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A converting organization shall sign a statement of conversion and deliver it to the Secretary of State for filing.
(b) A statement of conversion shall contain:
(1) the name, jurisdiction of formation, and type of organization prior to the conversion;
(2) the name, jurisdiction of formation, and type of organization following the conversion;
(3) if the converting organization is a domestic organization, a statement that the organization approved the plan of conversion in accordance with the provisions of this chapter, or, if the converting organization is a foreign organization, a statement that the organization approved the conversion in accordance with its governing statute; and
(4) the public organizational documents of the converted organization.
(c) A statement of conversion may contain any other provision not prohibited by law.
(d) If the converted organization is a domestic organization, its public organizational documents, if any, shall comply with the law of this State.
(e)(1) If a converted organization is a domestic corporation, its conversion takes effect when the statement of conversion takes effect.
(2) If a converted organization is not a domestic corporation, its conversion takes effect on the later of:
(A) the date and time provided by its governing statute; or
(B) when the statement of conversion takes effect.
Cite this article: FindLaw.com - Vermont Statutes Title 11 A. Vermont Business Corporations, § 11.06. Statement of conversion; effective date of conversion - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-a-vermont-business-corporations/vt-st-tit-11a-sect-11-06/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)