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A few years back, California amended its corporation code to start allowing domesitc corporations and other entities to convert their form. For example, now a corporation could convert to LLC and vice versa,
The change also expressly allows foreign corporations to convert into California corporations, LLCs, etc.
But I saw nothing in the statute that allows a California corporation to convert into a foreign corporation.
I assume these means it can't be done.
I want to convert a California corp to a Texas corp. Texas law allows the conversion of a foreign corporation into a Texas corp as long as the laws of the state of the foreign corporation allow it. But since the California Corporations Code does not enumerate any such conversion, I don't think I can do it.
Anyone know about these conversions?
The change also expressly allows foreign corporations to convert into California corporations, LLCs, etc.
But I saw nothing in the statute that allows a California corporation to convert into a foreign corporation.
I assume these means it can't be done.
I want to convert a California corp to a Texas corp. Texas law allows the conversion of a foreign corporation into a Texas corp as long as the laws of the state of the foreign corporation allow it. But since the California Corporations Code does not enumerate any such conversion, I don't think I can do it.
Anyone know about these conversions?
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