35-8-1403. Plan of domestication.
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/mt/title-35/chapter-8/part-14/35-8-1403·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-8-1403 . Plan of domestication.
(1)A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan must be in a record and must contain:
(a)the name and type of entity of the domesticating entity;
(b)the name and jurisdiction of formation of the domesticated entity;
(c)the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of these;
(d)the proposed public organic record of the domesticated entity if it is a filing entity;
(e)the full text of the private organic rules of the domesticated entity that are proposed to be in a record;
(f)the other terms and conditions of the domestication; and
(g)any other provision required by the law of this state or the organic rules of the domesticating entity.
(2)In addition to the requirements of subsection (1), a plan of domestication may contain any other provision not prohibited by law.