This article describes the plan of conversion template and how you can access it on Savvi.
Managers (LLCs) or Board of Directors (corporations)
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.
Savvi Technologies, Inc. is not an attorney or a law firm, and can only provide self-help services at your specific direction. Do not rely on any documents or information from Savvi without consulting an attorney. Savvi may partner with or refer clients to licensed attorneys, but such referral does not constitute an attorney-client relationship until the attorney is officially engaged by the client.