(1) After conversion is approved by the owners, the converting business entity shall file articles of conversion, which shall state the name and type of business entity prior to conversion and the name and type of business entity after conversion, and shall include the plan of conversion.
(2) The conversion takes effect on the latest of:
(a) The filing of the articles of conversion;
(b) If the surviving business entity is not a limited partnership, satisfaction of any additional filing requirements imposed pursuant to the statutes governing that business entity; or
(c) On the delayed effective date and time set forth in the filings. [1999 c.362 §59; 2001 c.315 §11]
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