Examples of Converted entity in a sentence
Domesticating corporation" means a domesticating entity that is a corporation.(b) The following definitions in chapter 22, title 30, Idaho Code, shall apply to this part:(1) "Conversion" is as defined in section 30-22-102(a)(4), Idaho Code.(2) "Converted entity" is as defined in section 30-22-102(a)(5), Idaho Code.
For purposes of this article, the following definitions apply: (a) "Converted entity" means the other business entity or foreign other business entity or foreign limited liability company that results from a conversion of a domestic limited liability company under this title.
Converted entity must cover all angles in conversion process and timeline.
Revisor's Note No substantive change is intended.Revised Law(11) "Converted entity" means an entity resulting from a conversion.
Converted entity will be a limited liability company with at least one member.