Plan of Conversion

This article describes the plan of conversion template and how you can access it on Savvi.

Signatures Required:

Managers (LLCs) or Board of Directors (corporations)

Equityholders

Purpose:

A plan of conversion is necessary if you are converting from an LLC to a corporation (or vice versa), or from one state to a different state. A plan of conversion outlines the terms of the conversion and where how each equityholder's equity will be treated. The conversion plan needs to be approved by the managers (if the LLC is manager-managed) or board of directors (for a corporation), as well as the equityholders/members of the Company. 

To view this Template, access one of the related Workflows and view it within the Savvi platform.

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