§ 355. Statement of conversion; effectiveness
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated AssociationsEffective: January 3, 2023
Effective: January 3, 2023
15 Pa.C.S.A. § 355
Formerly cited as PA ST 15 Pa.C.S.A. § 1963; PA ST 15 Pa.C.S.A. § 1964; PA ST 15 Pa.C.S.A. § 1965; PA ST 15 Pa.C.S.A. § 5963; PA ST 15 Pa.C.S.A. § 5964; PA ST 15 Pa.C.S.A. § 5965
§ 355. Statement of conversion; effectiveness
(4) If the converting association is a domestic association, a statement that the plan of conversion was approved in accordance with this chapter or, if the converting association is a foreign association, a statement that the conversion was approved by the foreign association in accordance with the laws of its jurisdiction of formation.
(5) If the converted association is a domestic filing entity or domestic banking institution, its public organic record as an attachment. The public organic record does not need to state the name or address of an incorporator of a corporation, organizer of a limited liability company or similar person with respect to any other type of entity.
(d) Domestic converted association.--If the converted association is a domestic association, its public organic record, if any, must satisfy the requirements of the laws of this Commonwealth, except that the public organic record does not need to be signed and may omit any provision that is not required to be included in a restatement of the public organic record.
(e) Filing of plan.--A plan of conversion that is signed by the converting association and meets all the requirements of subsection (b) may be delivered to the department for filing instead of a statement of conversion and on filing has the same effect. If a plan of conversion is filed as provided in this subsection, references in this chapter to a statement of conversion refer to the plan of conversion filed under this subsection.
Credits
2014, Oct. 22, P.L. 2640, No. 172, § 9, effective July 1, 2015. Amended 2022, Nov. 3, P.L. 1791, No. 122, § 16, effective in 60 days [Jan. 3, 2023].
15 Pa.C.S.A. § 355, PA ST 15 Pa.C.S.A. § 355
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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