A Delaware Certificate of Conversion From Statutory Trust To Partnership is a legal document which is used to convert a business entity in the state of Delaware from a statutory trust to a partnership. This document is typically filed with the Delaware Secretary of State and is used to indicate that the trust no longer exists and that the assets, liabilities, and operations of the trust have been transferred to the new partnership. The two main types of Delaware Certificate of Conversion From Statutory Trust To Partnership are a Short Form conversion and a Long Form conversion. The Short Form conversion is typically used when the trust has only one trustee and the trust agreement has not been amended in the past two years. The Short Form conversion will include the name of the trust and the name of the new partnership along with the date of the conversion and the signatures of the trustee(s). The Long Form conversion is typically used when the trust has multiple trustees and/or the trust agreement has been amended in the past two years. The Long Form conversion will include the same information as the Short Form conversion along with additional information such as the address of the trust and the new partnership, the names of all the trustees, and a list of all the assets and liabilities transferred from the trust to the new partnership.
Delaware Certificate of Conversion From Statutory Trust To Partnership
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How to fill out Delaware Certificate Of Conversion From Statutory Trust To Partnership?
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