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Alabama Conversion of a Domestic Entity - Limited Liability Limited Partnership to Corporation

State:
Alabama
Control #:
AL-CONVERSIONS-016
Format:
PDF
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Description

Conversion of a Domestic Entity - Limited Liability Limited Partnership to Corporation Alabama Conversion of a Domestic Entity — Limited Liability Limited Partnership to Corporation is a legal process in which a Limited Liability Limited Partnership (LL LP) in the state of Alabama is converted to a corporation. The conversion is done by filing Articles of Conversion with the Secretary of State and publishing notice of the conversion in a local newspaper. The conversion changes the legal status of the business from an LL LP to a corporation, and the business's legal name must be changed to reflect the new status. The entity must also obtain a new tax identification number. There are two types of Alabama Conversion of a Domestic Entity — Limited Liability Limited Partnership to Corporation: Statutory Conversion and Non-Statutory Conversion. Statutory Conversion requires the filing of Articles of Conversion with the Secretary of State, while Non-Statutory Conversion requires the filing of Articles of Amendment with the Secretary of State.

Alabama Conversion of a Domestic Entity — Limited Liability Limited Partnership to Corporation is a legal process in which a Limited Liability Limited Partnership (LL LP) in the state of Alabama is converted to a corporation. The conversion is done by filing Articles of Conversion with the Secretary of State and publishing notice of the conversion in a local newspaper. The conversion changes the legal status of the business from an LL LP to a corporation, and the business's legal name must be changed to reflect the new status. The entity must also obtain a new tax identification number. There are two types of Alabama Conversion of a Domestic Entity — Limited Liability Limited Partnership to Corporation: Statutory Conversion and Non-Statutory Conversion. Statutory Conversion requires the filing of Articles of Conversion with the Secretary of State, while Non-Statutory Conversion requires the filing of Articles of Amendment with the Secretary of State.

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Alabama Conversion of a Domestic Entity - Limited Liability Limited Partnership to Corporation