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Alabama Conversion of a Domestic Entity - Professional Corporation to Business Corporation

State:
Alabama
Control #:
AL-CONVERSIONS-008
Format:
PDF
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Conversion of a Domestic Entity - Professional Corporation to Business Corporation Alabama Conversion of a Domestic Entity — Professional Corporation to Business Corporation is a process of legally changing a professional corporation in the state of Alabama to a business corporation. The process involves filing Articles of Conversion with the Alabama Secretary of State’s office, in accordance with the Alabama Business Corporation Act. The conversion is effective upon filing the articles. The Articles of Conversion must include the following information: name and type of domestic entity; name and type of entity after the conversion; name and address of the registered agent; any changes to the name of the entity; any changes to the purpose of the entity; any changes to the capital structure; and the date on which the conversion is to become effective. The types of Alabama Conversion of a Domestic Entity — Professional Corporation to Business Corporation include: Statutory Conversion; Domestication; and Merger Conversion. Statutory Conversion is the process of converting a Professional Corporation in the state of Alabama to a Business Corporation in accordance with the Alabama Business Corporation Act. Domestication is the process of converting a Professional Corporation in one state to a Business Corporation in Alabama. Merger Conversion is the process of converting a Professional Corporation in one state to a Business Corporation in Alabama through a merger.

Alabama Conversion of a Domestic Entity — Professional Corporation to Business Corporation is a process of legally changing a professional corporation in the state of Alabama to a business corporation. The process involves filing Articles of Conversion with the Alabama Secretary of State’s office, in accordance with the Alabama Business Corporation Act. The conversion is effective upon filing the articles. The Articles of Conversion must include the following information: name and type of domestic entity; name and type of entity after the conversion; name and address of the registered agent; any changes to the name of the entity; any changes to the purpose of the entity; any changes to the capital structure; and the date on which the conversion is to become effective. The types of Alabama Conversion of a Domestic Entity — Professional Corporation to Business Corporation include: Statutory Conversion; Domestication; and Merger Conversion. Statutory Conversion is the process of converting a Professional Corporation in the state of Alabama to a Business Corporation in accordance with the Alabama Business Corporation Act. Domestication is the process of converting a Professional Corporation in one state to a Business Corporation in Alabama. Merger Conversion is the process of converting a Professional Corporation in one state to a Business Corporation in Alabama through a merger.

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Alabama Conversion of a Domestic Entity - Professional Corporation to Business Corporation