The Arizona Statement of Conversion is a document used to convert a business from one type of entity to another. It is generally used to change the ownership structure of a business, such as from a corporation to a limited liability company (LLC). The document is submitted to the Arizona Corporation Commission and must include certain information, including the current name and type of entity, the desired name and type of entity, the date of conversion, and the signature of the business owner. It must also include a Certificate of Disclosure, which outlines the legal and financial liabilities of the company. There are two types of Arizona Statements of Conversion: from a corporation to an LLC, and from an LLC to a corporation. In both cases, the document must be filed with the Arizona Corporation Commission, and a Certificate of Disclosure must be included.