[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Notice of Order of Conversion Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to provide you with important information regarding the conversion of our business entity, [Current Business Name], into a new entity under Wyoming state law. Please consider this letter as an official notice, in accordance with the Wyoming Business Corporation Act, Chapter 17, Article 16. Our organization has decided to undergo a conversion process for strategic purposes. As of [Conversion Date], [Current Business Name] will be converted into a Wyoming [New Business Entity] under the new name of [New Business Name]. This conversion will be effective as per the filing with the Wyoming Secretary of State. The decision to convert our business entity to Wyoming aligns with our long-term goals and objectives. Wyoming offers numerous benefits for businesses, including a favorable tax structure, asset protection, privacy, and a business-friendly legal framework. We believe this transition will provide us with a competitive advantage and better opportunities for growth. To facilitate the seamless conversion process, our organization has taken the necessary steps to ensure compliance with all legal requirements. These steps include the preparation and filing of necessary documents, such as the Certificate of Conversion and Articles of Conversion, with the Wyoming Secretary of State. These documents outline the details of the conversion and assure compliance with state regulations. Please note that the conversion will not affect any of our current contractual obligations, agreements, or relationships. All existing contracts and agreements will remain valid and enforceable, with the Wyoming entity assuming all rights and obligations. Our commitment to providing exceptional products and services will remain unwavering throughout this transitional period. We kindly request you to update our records accordingly and address all future correspondence and payments to our new Wyoming entity, [New Business Name]. Our updated contact information includes the following: [New Business Name] [New Address] [City, State, ZIP Code] [Email Address] [Phone Number] We assure you that we have taken every precaution to minimize any disruption to our ongoing business operations. You can expect the same level of professionalism, quality, and attention to detail that you have come to associate with our organization. Should you require any additional information or have questions regarding this conversion, please feel free to contact our office. We highly value our relationship with your esteemed organization and are committed to addressing any concerns promptly. We appreciate your cooperation during this period of change, and we look forward to the continued partnership with your organization. Thank you for your understanding and support. Yours sincerely, [Your Name] [Your Designation] [New Business Name]
Wyoming Sample Letter for Notice of Order of Conversion
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FAQ
Conversion is when someone ?converts? your property to their possession. AKA when they steal it from you and pretend that they own it. When conversion happens, it's more than stealing though; it's when the person who takes your stuff alters the value and usability of it so that it's different than when you owned it.
Examples of conversion in a Sentence The company is undergoing a conversion to a new computer system. They have suggested conversion of the old school into apartments. Conversion to gas heating will continue over the next few years. a conversion from Catholicism to Judaism He is thinking about conversion to Buddhism.
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.
Conversion is an intentional tort which occurs when a party takes the chattel property of another with the intent to deprive them of it. Conversion is not applicable to real property. For the purposes of conversion, ?intent? merely means the objective to possess the property or exert property rights over it.
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.
