Nevada Plan of Internal Restructuring

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Multi-State
Control #:
US-CC-7-194
Format:
Word; 
Rich Text
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Description

This sample form, a detailed Plan of Internal Restructuring document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

The Articles of Organization is the document, that once approved by the Secretary of State's office, creates your Nevada LLC. However, it's important to note that all Nevada LLCs must also file an Annual List (of Managers or Managing Members) and renew their State Business License every year.

Articles of Domestication (NRS CHAPTER 92A. 270) Form used to change the domicile of an entity formed under a jurisdiction outside of Nevada to a Nevada jurisdiction (See NRS 92A. 270(9b)). This form MUST be accompanied by a domestic new filing application. Business Forms | Nevada Secretary of State Nevada Secretary of State (.gov) ? sos ? businesses ? forms-fees Nevada Secretary of State (.gov) ? sos ? businesses ? forms-fees

The Nevada Business Corporation Act allows businesses to be formed to conduct any lawful business. The act allows for a corporation to serve a purpose aside from those stated in the articles of corporations. Nevada Business Corporation Act: Everything You Need to Know upcounsel.com ? nevada-business-corporati... upcounsel.com ? nevada-business-corporati...

Hire a reputable registered agent in Nevada for service of process as it is mandatory in the state. You will have to apply for a business license in Nevada and also change state of operation with the IRS. You need to dissolve your existing LLC in the home state as a part of the Nevada domestication of LLC process.

The corporate veil exists as the legal separation between the assets and liabilities of the individual and the assets and liabilities of the corporation. It may be pierced if it can be proven that the corporation is merely the ?alter ego? of the individual. Nevada's Strong Corporate Veil - NCH nchinc.com ? blog ? business-tip ? nevada-strong-... nchinc.com ? blog ? business-tip ? nevada-strong-...

If you form an LLC in your home state, this is called a ?Domestic LLC?. Meaning, the LLC is domestic to that jurisdiction. If you want this Domestic LLC to do business in another state (a different jurisdiction), you must register that LLC in the new state. Once that LLC is registered, it is known as a ?Foreign LLC?.

A Nevada LLC domestication changes an out-of-state LLC into a Nevada LLC. This article discusses Nevada LLC domestications. A Nevada conversion can either change a Nevada LLC into an out-of-state LLC or change an entity's business type.

To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests. Nevada LLC Membership Changes: Add or Remove Members amerilawyer.com ? blog ? nevada-llc-memb... amerilawyer.com ? blog ? nevada-llc-memb...

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Nevada Plan of Internal Restructuring