SECTION 605.1041. Conversion authorized.
Latest version.
1(1) 2By complying with the provisions of this section and ss. 12605.104213-14605.1046, 15a domestic limited liability company may become:22(a) 23A domestic entity that is a different type of entity; or
34(b) 35A foreign entity that is a limited liability company or a different type of entity, if the conversion is authorized by the law of the foreign entity’s jurisdiction of formation.
65(2) 66By complying with the provisions of this section and ss. 76605.104277-78605.1046, 79which are applicable to a domestic entity that is not a domestic limited liability company, the domestic entity may become a domestic limited liability company if the conversion is authorized by the law governing the domestic entity. 116(3) 117By complying with the provisions of this section and ss. 127605.1042128-129605.1046 130which are applicable to foreign entities, a foreign entity may become a domestic limited liability company if the conversion is authorized by the law of the foreign entity’s jurisdiction of formation. 161(4) 162If a protected agreement contains a provision that applies to a merger of a domestic limited liability company but does not refer to a conversion, the provision applies to a conversion of the entity as if the conversion were a merger until the provision is amended after January 1, 2014.
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