Idaho Code 30-21-508 – Withdrawal Deemed On Conversion or Domestication to Domestic Filing Entity or Domestic Limited Liability Partnership
Current as of: 2023 | Check for updates
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Terms Used In Idaho Code 30-21-508
- Filing entity: means an entity whose formation requires the filing of a public organic record. See Idaho Code 30-21-102
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Registered foreign entity: means a foreign entity that is registered to do business in this state pursuant to a statement of registration filed by the secretary of state. See Idaho Code 30-21-102
A registered foreign entity that converts or domesticates to any type of domestic filing entity or to a domestic limited liability partnership is deemed to have withdrawn its registration on the effective date of the conversion or domestication.