Sec. 2. (a) 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 contain:
(1) the name and type of entity of the domesticating entity;
(2) the name and jurisdiction of formation of the domesticated entity;
(3) 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 the foregoing;
(4) the proposed public organic record of the domesticated entity if it is a filing entity;
(5) the full text of the private organic rules of the domesticated entity that are proposed to be in a record;
(6) the other terms and conditions of the domestication; and
(7) any other provision required by the law of this state or the organic rules of the domesticating entity.
(b) In addition to the requirements of subsection (a), a plan of domestication may contain any other provision not prohibited by law.
As added by P.L.118-2017, SEC.6.
Structure Indiana Code
Title 23. Business and Other Associations
Article 0.6. Uniform Business Organization Transactions Act
23-0.6-5-1. Authorization of Domestication
23-0.6-5-2. Plan of Domestication; Contents
23-0.6-5-3. Approval of Plan of Domestication
23-0.6-5-4. Amendment or Abandonment of Plan of Domestication; Articles of Abandonment; Contents
23-0.6-5-5. Articles of Domestication; Contents; Filing; Effective Date
23-0.6-5-6. Effective Date of Domestication; Effect; Liability