Corporate reorganization may be carried out only under statutory authority, and the requirements as to manner of reorganization, to the extent that they are prescribed, must be complied with. Thus, before drafting any instrument relating to reorganization, either voluntary or involuntary, counsel should become familiar with the applicable statutes in the particular jurisdiction. Depending on the circumstances, it may also be necessary to consult federal statutes, such as the securities acts, the Bankruptcy Code, and the Internal Revenue Code.
Corporations reorganize and restructure for various reasons and in numerous ways. A Type B reorganization is the acquisition of one company's stock by another corporation, with the acquired company becoming a subsidiary of the acquiring corporation. The acquisition plan must be carried out in a short time period, such as 12 months, and the acquisition has to be only one in a series of moves comprising a larger plan to acquire control. The transaction also must be made solely for the purpose of acquiring voting stock.
Jersey City New Jersey Agreement for the Transfer of Stock in Exchange for Voting Stock of Acquiring Corporation (Type B Reorganization)
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State:
Multi-State
City:
Jersey City
Control #:
US-0843BG
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Word;
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Search below for applications and forms for a variety of permits, licenses, and other items. Steps to apply for construction permits: You can apply for building permits via the portal.Transfer out a Student from a Jersey City Public School; Transfer out a Student from a Charter School. Download and fill out the sketch form here. Attach a digital copy of the filled out sketch to this form below. Fill out an application. Have a phone or in-person interview. Your Assigned School. To submit you will need a username and to then. Using the Area tool (second icon down on right) draw in the map the area where work will be performed.