§ 418. Transfer of registration.

303 words·~1 min read·/pa/title-15/chapter-4/418

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)General rule.-- If a registered foreign association merges into a nonregistered foreign association or converts to a foreign association required to register with the department to do business in this Commonwealth, the association shall deliver to the department for filing an application for transfer of registration. The application shall be signed by the surviving or converted association and state all of the following:

(1)The name of the association before the merger or conversion.

(2)The type of association it was before the merger or conversion.

(3)The name of the applicant association and, if the name does not comply with section 202 (relating to requirements for names generally), an alternate name adopted in accordance with section 414(a) (relating to noncomplying name of foreign association).

(4)The type of association of the applicant association and its jurisdiction of formation.

(5)If different than the information for the foreign association before the merger or conversion, all of the following information regarding the applicant association:

(i)The street and mailing addresses of the principal office of the association and, if the laws of the association's jurisdiction of formation requires it to maintain an office in that jurisdiction, the street and mailing addresses of that office.

(ii)Subject to section 109 (relating to name of commercial registered office provider in lieu of registered address), the address of its registered office in this Commonwealth.

(b)Effect of application.-- When an application for transfer of registration takes effect, the registration of the registered foreign association to do business in this Commonwealth is transferred without interruption to the association into which it has merged or to which it has been converted.

(c)Cross references.-- See sections 134 (relating to docketing statement) and 135 (relating to requirements to be met by filed documents).

15c419s