I have recently posted about change in membership in out LLC. Thanks to everyone for responding.
There is another wrinkle to this ordeal - once the member leaves, I am going to move the LLC from MO (where it is registered now) to CA (where I, the only remaining member live). CA allows for the foreign LLC's to be domesticated using "Articles or Organization - Conversion" form. As I was filling it today though, I read the following statement on the website of the Secretary of State of CA:
"A domestic (California) stock corporation (Corp) can convert into a California other business entity; a California limited liability company (LLC), limited partnership (LP) or general partnership (GP) can convert into a California or foreign other business entity; and a foreign business entity can convert into a California Corp, LLC, LP or registered GP if the conversion is permitted under the laws of the jurisdiction of the foreign business entity".
The way I read it conversion might not be possible if MO doesn't allow it. I've Googled quite a bit today and read on the MO state website but can't really find an answer. Would anybody by any chance know whether or not MO allows its LLCs to be domesticated (moved) elsewhere? If not, would the best course of action be to call the Secretary of State office in MO?
There is another wrinkle to this ordeal - once the member leaves, I am going to move the LLC from MO (where it is registered now) to CA (where I, the only remaining member live). CA allows for the foreign LLC's to be domesticated using "Articles or Organization - Conversion" form. As I was filling it today though, I read the following statement on the website of the Secretary of State of CA:
"A domestic (California) stock corporation (Corp) can convert into a California other business entity; a California limited liability company (LLC), limited partnership (LP) or general partnership (GP) can convert into a California or foreign other business entity; and a foreign business entity can convert into a California Corp, LLC, LP or registered GP if the conversion is permitted under the laws of the jurisdiction of the foreign business entity".
The way I read it conversion might not be possible if MO doesn't allow it. I've Googled quite a bit today and read on the MO state website but can't really find an answer. Would anybody by any chance know whether or not MO allows its LLCs to be domesticated (moved) elsewhere? If not, would the best course of action be to call the Secretary of State office in MO?
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