Illinois General Assembly - Illinois Compiled Statutes

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805 ILCS 415/205

(805 ILCS 415/205)

    Sec. 205. Statement of conversion; effective date.
    (a) A statement of conversion must be signed on behalf of the converting entity and filed with the Secretary of State.

(b) A statement of conversion must contain:

        (1) the name and type of the converting entity;
        (2) the name and type of the converted entity;
        (3) if the statement of conversion is not to be

effective upon filing, the later date and time on which it will become effective, which may not be more than 90  days after the date of filing;

(4) a statement that the plan of conversion was

approved in accordance with this Article;

(5) the text of the converted entity's public organic

document, as an attachment, signed by a person authorized by the entity; and

(6) if the converted entity is a domestic limited

liability partnership, the text of its statement of qualification, as an attachment, signed by a person authorized by the entity.

(c) In addition to the requirements of subsection (b), a statement of conversion may contain any other provision not prohibited by law.

(d) If the converted entity is a domestic entity, its public organic document, if any, must satisfy the requirements of the law of this State and may omit any provision that is not required to be included in a restatement of the public organic document.

(e) (Blank).

(f)  A statement of conversion becomes effective upon the date and time of filing or the later date and time specified in the statement of conversion.

(Source: P.A. 100-561, eff. 7-1-18; 101-491, eff. 8-23-19.)