The Pennsylvania Statement of Conversion [DSC:15-355] is a document required by the Pennsylvania Department of State Bureau of Corporations and Charitable Organizations (DSC) when an entity is converting from one type of business form to another. It is used to officially register the conversion and provide the state with details of the new business entity. There are two types of Pennsylvania Statement of Conversion: the Domestic Entity Conversion Statement and the Foreign Entity Conversion Statement. The Domestic Entity Conversion Statement is used to convert a Pennsylvania domestic entity, such as a Corporation or Limited Liability Company, from one type of entity to another. The Foreign Entity Conversion Statement is used to convert a foreign entity, such as a Corporation or Limited Liability Company, to a Pennsylvania domestic entity. Both Statements must be completed and submitted to the DSC along with the filing fee in order to officially register the conversion.
Pennsylvania Statement of Conversion [DSCB:15-355]
Description
How to fill out Pennsylvania Statement Of Conversion [DSCB:15-355]?
Preparing official paperwork can be a real stress if you don’t have ready-to-use fillable templates. With the US Legal Forms online library of formal documentation, you can be certain in the blanks you obtain, as all of them correspond with federal and state regulations and are examined by our experts. So if you need to complete Pennsylvania Statement of Conversion [DSCB:15-355], our service is the perfect place to download it.
Obtaining your Pennsylvania Statement of Conversion [DSCB:15-355] from our catalog is as easy as ABC. Previously authorized users with a valid subscription need only sign in and click the Download button after they locate the correct template. Later, if they need to, users can take the same blank from the My Forms tab of their profile. However, even if you are new to our service, signing up with a valid subscription will take only a few moments. Here’s a quick instruction for you:
- Document compliance check. You should carefully examine the content of the form you want and check whether it suits your needs and complies with your state law regulations. Previewing your document and reviewing its general description will help you do just that.
- Alternative search (optional). If there are any inconsistencies, browse the library using the Search tab above until you find a suitable blank, and click Buy Now once you see the one you need.
- Account registration and form purchase. Sign up for an account with US Legal Forms. After account verification, log in and select your most suitable subscription plan. Make a payment to continue (PayPal and credit card options are available).
- Template download and further usage. Choose the file format for your Pennsylvania Statement of Conversion [DSCB:15-355] and click Download to save it on your device. Print it to complete your paperwork manually, or take advantage of a multi-featured online editor to prepare an electronic copy faster and more effectively.
Haven’t you tried US Legal Forms yet? Subscribe to our service now to obtain any official document quickly and easily every time you need to, and keep your paperwork in order!
Form popularity
FAQ
A PA is an independent legal entity which continues to exist for decades after its creation. A majority of states have strict restrictions on who can form a professional corporation and the services they can offer.
You can file your Certificate of Organization online, by mail, or in person. If you apply online, you will need to pay a $125 fee and can expect your Certificate to be approved within seven to ten business days. Mail filings also will take seven to ten days to process, and require the same $125 fee.
Your best option for easily transferring LLC ownership is to write an Operating Agreement (OA) with transfer provisions for LLC owners. An Operating Agreement (OA) is a document with customized provisions dictating how an LLC conducts business. Your OA can determine how to transfer ownership of an LLC in Pennsylvania.
PENNSYLVANIA'S NEW ENTITY TRANSACTION LAW MAKES IT EASIER TO CONVERT A LLC TO A CORPORATION. On July 1, 2015, Pennsylvania's new Entity Transaction Law went into effect and made it easier, faster, and cheaper for business entities to engage in ?fundamental transactions? with another business entity.
--A consent may provide, or a person signing a consent, whether or not then a director, may instruct in record form that the consent will be effective at a future time, including a time determined upon the happening of an event.
A Statement of Conversion must be filed with the Pennsylvania Department of State where: (1) a domestic entity becomes a domestic entity of a different type or a domestic banking institution. (2) a domestic banking institution becomes a domestic association of a different type.
--Unless otherwise restricted in the bylaws, any action required or permitted to be taken at a meeting of the shareholders or of a class of shareholders of a business corporation may be taken without a meeting if a consent or consents to the action in record form are signed, before, on or after the effective date of
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS.