State Form 51580 - Articles Of Entity Conversion Conversion Of A Corporation Into A Limited Partnership - 2016 Page 2
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4ARTICLES OF ENTITY CONVERSION
CONVERSION OF A CORPORATION
INTO A LIMITED PARTNERSHIP
State Form 51580 (R4 / 7-16)
Approved by State Board of Accounts, 2016
Indiana Code 23-1-18-3
FILING FEE: $30.00
ARTICLES OF CONVERSION
OF
____________________________________________________________________________
(hereinafter “Non-surviving Corporation”)
INTO
____________________________________________________________________________
(hereinafter “Surviving LP”)
ARTICLE I: PLAN OF ENTITY CONVERSION
a.
Please set forth the Plan of Conversion, containing such information as required by Indiana Code 23-1-38.5-11 and Indiana Code 23-1-38.5-12,
attach herewith, and designate it as “Exhibit A.”
The following is basic information that must be included in the Plan of Entity Conversion: (please refer to Indiana Code 23-1-38.5-12 for a more
complete listing of requirements before submitting the plan).
A statement of the type of business entity that the surviving entity will be and, if it will be a foreign non-corporation, its jurisdiction of
organization;
The terms and conditions of the conversion;
The manner and basis of converting the shares of Non-surviving Corporation into the interests, securities, obligations, rights to acquire
interests or other securities of Surviving LP following its conversion; and
The full text, as in effect immediately after the consummation of the conversion, of the organic document, if any, of Surviving LP.
If, as a result of the conversion, one or more shareholders of Non-surviving Corporation would be subject to owner liability for debts,
obligations, or liabilities of any other person or entity, those shareholders must consent in writing to such liabilities in order for the Plan of
Merger to be valid.
b.
Please read and sign the following statement.
I hereby affirm under penalty of perjury that the plan of conversion is in accordance with the Articles of Incorporation or bylaws of Non-surviving
Corporation and is duly authorized by the shareholders of the Non-surviving Corporation as required by the laws of the State of Indiana.
Signature
Printed Name
Title
ARTICLE II: NAME AND DATE OF INCORPORATION OF NON-SURVIVING CORPORATION
a.
The following is the name of Non-surviving Corporation immediately before filing these Articles of Entity Conversion:
b.
The following is the date on which Non-surviving Corporation was incorporated in the State of Indiana (month, day, year): ____________________
ARTICLE III: NAME AND PRINCIPAL OFFICE OF SURVIVING LP
a.
The name of Surviving LP is the following:
(Please note pursuant to Indiana Code 23-16-2-1, this name must include the words “Limited Partnership”, “L.P.”, or “LP”.)
(If Surviving LP is a foreign LP, then its name must adhere to the laws of the state in which it is domiciled.)
b.
The address of Surviving LP’s Principal Office is the following:
Street Address (number and street)
City
State
ZIP code
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