Except as otherwise provided in this section, by complying with this article, a domestic entity may become a domestic entity of the same type of entity in a foreign jurisdiction if the domestication is authorized by the law of the foreign jurisdiction. Except as otherwise provided in this section, by complying with the provisions of […]
A domestic entity may become a foreign entity in a domestication by approving a plan of domestication.The plan must be in a record and contain: The name and type of entity of the domesticating entity; The name and jurisdiction of formation of the domesticated entity; The manner of converting the interests in the domesticating entity […]
A plan of domestication is not effective unless it has been approved: By a domestic domesticating entity: In a record, by each interest holder of a domestic domesticating entity that will have interest holder liability for debts, obligations, and other liabilities that arise after the domestication becomes effective, unless, in the case of an entity […]
A plan of domestication of a domestic domesticating entity may be amended: In the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or By its governors or interest holders in the manner provided in the plan, but an interest holder that […]
A statement of domestication must be signed by the domesticating entity and delivered to the Secretary of State for filing. A statement of domestication must contain: The name, jurisdiction of formation, and type of entity of the domesticating entity; The name and jurisdiction of formation of the domesticated entity; If the statement of domestication is […]
When a domestication becomes effective: The domesticated entity is: All property of the domesticating entity continues to be vested in the domesticated entity without transfer, reversion, or impairment; All debts, obligations, and other liabilities of the domesticating entity continue as debts, obligations, and other liabilities of the domesticated entity; Except as otherwise provided by law […]
