Florida § 607.11931 - Plan of conversion.
Full text of Florida Florida Statutes § 607.11931 — Plan of conversion., with citation guidance and answers to common questions.
§ 607.11931. Plan of conversion.
(1) A domestic corporation may convert to a domestic or foreign eligible entity under this chapter by approving a plan of conversion. The plan of conversion must include: (a) The name of the domestic converting corporation; (b) The name, jurisdiction of formation, and type of entity of the converted eligible entity; (c) The manner and basis of converting the shares of the domestic corporation, or the rights to acquire shares, obligations, or other securities of the domestic corporation into: 1. Shares. 2. Other securities. 3. Eligible interests. 4. Obligations. 5. Rights to acquire shares, other securities, or eligible interests. 6. Cash. 7. Other property. 8. Any combination of the foregoing; (d) The other terms and conditions of the conversion; and (e) The full text, as it will be in effect immediately after the conversion becomes effective, of the organic rules of the converted eligible entity which are to be in writing. (2) In addition to the requirements of subsection (1), a plan of conversion may contain any other provision not prohibited by law. (3) The terms of a plan of conversion may be made dependent upon facts objectively ascertainable outside the plan in accordance with s. 607.0120(11).
Frequently Asked Questions About Florida § 607.11931
What does Florida Statutes § 607.11931 cover?
Section 607.11931 ("Plan of conversion.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 607.11931?
A common citation format is "Florida Statutes § 607.11931" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 607.11931 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.