US Legal Forms
51582-Articles of Entity Conversion: Conversion of An Indiana...

51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business

Name: 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.83 (277 reviews)

Category:

Indiana Secretary of State - Corporations - General

State:

Indiana

Control #:

IN-51582

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Sorry, the form is currently unavailable.Try our extended search for alternatives that meet your needs.

Description

51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business is a legal document used by Indiana business owners to convert a non-corporation business (such as a sole proprietorship or partnership) to a corporation. This document establishes the new corporation, outlines its purpose, and outlines the rights and responsibilities of the shareholders. It also defines the terms of the conversion, including the transfer of assets and liabilities, the payment of taxes, and any other relevant details. The document is filed with the Secretary of State, and upon approval, the conversion is complete and the new corporation is established. Types of 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business include: 1. Conversion of a Sole Proprietorship to a Corporation 2. Conversion of a Partnership to a Corporation 3. Conversion of a Limited Liability Company to a Corporation 4. Conversion of an unincorporated association to a Corporation 5. Conversion of a Limited Liability Partnership to a Corporation.

51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business is a legal document used by Indiana business owners to convert a non-corporation business (such as a sole proprietorship or partnership) to a corporation. This document establishes the new corporation, outlines its purpose, and outlines the rights and responsibilities of the shareholders. It also defines the terms of the conversion, including the transfer of assets and liabilities, the payment of taxes, and any other relevant details. The document is filed with the Secretary of State, and upon approval, the conversion is complete and the new corporation is established. Types of 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business include: 1. Conversion of a Sole Proprietorship to a Corporation 2. Conversion of a Partnership to a Corporation 3. Conversion of a Limited Liability Company to a Corporation 4. Conversion of an unincorporated association to a Corporation 5. Conversion of a Limited Liability Partnership to a Corporation.

View Verified Motion for Default Judgment and Order (PDF)Opens a New Window.

View this form

View Eviction complaint (PDF)Opens a New Window.

View this form

View Interrogatories (PDF)Opens a New Window.

View this form

View Motion to Dismiss and Order (PDF)Opens a New Window.

View this form

View Pre-trial Settlement Agreement form (PDF)Opens a New Window.

View this form

How to fill out 51582-Articles Of Entity Conversion: Conversion Of An Indiana Non-Corporation Business?

How much time and resources do you typically spend on drafting formal paperwork? There’s a greater option to get such forms than hiring legal experts or spending hours searching the web for a suitable blank. US Legal Forms is the leading online library that provides professionally designed and verified state-specific legal documents for any purpose, like the 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business.

To acquire and complete an appropriate 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business blank, adhere to these simple steps:

Look through the form content to ensure it complies with your state requirements. To do so, check the form description or use the Preview option.
In case your legal template doesn’t meet your requirements, find another one using the search tab at the top of the page.
If you already have an account with us, log in and download the 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business. If not, proceed to the next steps.
Click Buy now once you find the right document. Choose the subscription plan that suits you best to access our library’s full opportunities.
Create an account and pay for your subscription. You can make a payment with your credit card or via PayPal - our service is totally secure for that.
Download your 51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business on your device and complete it on a printed-out hard copy or electronically.

Another advantage of our service is that you can access previously purchased documents that you safely keep in your profile in the My Forms tab. Pick them up anytime and re-complete your paperwork as frequently as you need.

Save time and effort completing official paperwork with US Legal Forms, one of the most trustworthy web solutions. Sign up for us now!

Form Rating

4.83

Satisfied(277)

Form popularity

FAQ

Using such a conversion process to change corporation to LLC does not require you to dissolve your corporation. Instead, rather than your forming an LLC, the corporation is converted to an LLC. Additionally, corporate assets and liabilities are automatically transferred over to the new LLC.

Statutory conversion ? In a conversion, a document is filed with the state filing office to change from one entity form to another. There is no need to form a new entity.

The Certificate of Conversion, also known as the Articles or Statement of Conversion, is the document that officially puts your business entity conversion into effect. This conversion document includes basic information about both your converting and converted entities.

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.

In a statutory conversion, all of the assets of the converting entity are vested in the converted entity by ?operation of law?. This means that the vesting happens automatically and without the converting entity having to transfer or deed the property to the converted entity.

For example, the owners may wish to change from a corporation to an LLC. This process of changing formal entity types is known as a ?conversion.? A conversion is a statutory transaction in which one type of business entity becomes a different type of business entity?such as an LLC becoming a Limited Partnership.

A business entity conversion, or change in business form, is the legal process of converting an existing business entity from one legal form into another. Most of the time, a business will change from a less complex structure like a partnership to a more complex structure like a limited liability company.

More info

CONVERSION OF AN INDIANA NON-CORPORATION. The undersigned, desiring to convert and entity's type of entity pursuant to the provisions of Indiana Code 23-0.6-4, executes the following Articles of. Articles Of Entity Conversion: Conversion Of An Indiana Non-Corporation Business Entity Into An Indiana Limited Liability Partnership 51582. CONVERSION OF A NON-CORPORATION BUSINESS ENTITY. ARTICLES OF ENTITY CONVERSION: Conversion of a Corporation into a Limited Liability Company. State Form 51576(1-04). Term does not include the Additional Restitution Amount, the Settlement Product. Cash Conversion Amount, or amounts paid pursuant to Section XIV.

51582-Articles of Entity Conversion: Conversion of An Indiana Non-Corporation Business

Description

Related forms

How to fill out 51582-Articles Of Entity Conversion: Conversion Of An Indiana Non-Corporation Business?

Show more info

Form Rating

Form popularity

FAQ

What happens when a corporation converts to an LLC?

Is a converted entity a new entity?

What does articles of organization with statement of conversion mean?

What is a converted out LLC?

Is a conversion a transfer by operation of law?

What does it mean to convert an entity?

What is a converting business entity?

More info

Trusted and secure by over 3 million people of the world’s leading companies