California Conversion Agreement

State:
Multi-State
Control #:
US-EG-9501
Format:
Word; 
Rich Text
Instant download

Description

Conversion Agreement between MTI Technology Corporation, The Canopy Group, Inc. and Caldera Systems, Inc. regarding conversion of MTI shares and CGI shares to Series A Preferred Shares dated 00/00. 7 pages.
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FAQ

7. What is the statute of limitation for a conversion claim in California? California's statute of limitations to bring a conversion lawsuit is three years from the date the personal property was wrongfully taken. People who wait longer than three years will have their case dismissed by the court.

A domestic (California) stock corporation (Corp) can convert to a California other business entity; a California limited liability company (LLC), limited partnership (LP) or general partnership (GP) can convert to a California or foreign other business entity; and a foreign business entity can convert to a California ...

Converted-Out: The business entity converted to another type of business entity or to the same type under a different jurisdiction as provided by statute. The name of the new entity can be obtained by ordering a copy of the filed conversion document containing the name of the new entity, or by ordering a status report.

App. 4th 202, 212.) Buyer of Stolen Property Lack of Good Faith: ?One who buys property in good faith from a party lacking title and the right to sell may be liable for conversion. The remedies for conversion include specific recovery of the property, damages, and a quieting of title.? (State Farm Mut.

Prepare the California Limited Liability Company Articles of Organization ? Conversion with all information needed for filing with the California Secretary of State. California law requires an LLC converting into California to file a California statement of conversion and a California articles of organization (the ...

File a Certificate of Conversion (Form CONV-1A (PDF)) online at bizfileOnline.sos.ca.gov, by mail, or in person; The filing fee is $150 if a California Corp is involved; and $30 for all others.

Under California law, the elements required to prove a claim of conversion are: (1) the plaintiff's ownership or right to possession of the property; (2) the defendant's conversion by a wrongful act or in a manner that is inconsistent with the plaintiff's property rights; and (3) resulting damages.

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California Conversion Agreement