2017 Arizona Revised Statutes
Title 29 - Partnership
§ 29-2505 Statement of domestication; effective date

Universal Citation: AZ Rev Stat § 29-2505 (2017)

29-2505. Statement of domestication; effective date

A. A statement of domestication must be signed on behalf of the domesticating entity. The statement of domestication must be delivered for filing:

1. In the case of a domestic entity becoming a domestic entity of the same type in a foreign jurisdiction pursuant to section 29-2501, subsection A, with the appropriate filing authority, if any, for the domestic domesticating entity.

2. In the case of a foreign entity becoming a domestic entity of the same type in this state pursuant to section 29-2501, subsection B, with the appropriate filing authority, if any, for the domestic domesticated entity.

B. A statement of domestication must contain each of the following, if applicable:

1. The name, jurisdiction of organization and type of the domesticating entity.

2. The name and jurisdiction of organization of the domesticated entity.

3. With respect to the effective date and time of the domestication:

(a) If either the domesticating entity or the domesticated entity is a domestic filing entity and if the statement of domestication is not to be effective on delivery to the appropriate filing authority, the later date and time on which it will become effective, which may not be more than ninety days after the date of its delivery to the appropriate filing authority.

(b) If neither the domesticating entity nor the domesticated entity is a domestic filing entity and if the statement of domestication is not to be effective on the signing of the statement of domestication, the later date and time on which it will become effective.

4. If the domesticating entity is a domestic entity, a statement that the plan of domestication was approved in accordance with this article or, if the domesticating entity is a foreign entity, a statement that the domestication was approved in accordance with the law of its jurisdiction of organization.

5. If the domesticated entity is a domestic filing entity, its public organizational document, as an attachment, and the attachment is deemed to be delivered to the appropriate filing authority for filing.

6. If the domesticated entity is a foreign entity that is required to be a qualified foreign entity, any documents that laws in this state require it to file to become a qualified foreign entity, as an attachment, and the attachment is deemed to be delivered to the appropriate filing authority for filing.

7. If the domesticated entity is a foreign entity that is not required to be a qualified foreign entity, a mailing address to which the appropriate filing authority may send any process served on the appropriate filing authority pursuant to section 29-2506, subsection E.

8. If the domesticated entity is a domestic limited liability partnership, its statement of qualification, as an attachment, and the attachment is deemed to be delivered to the appropriate filing authority for filing.

C. In addition to the requirements of subsection B of this section, a statement of domestication may contain any other provision not prohibited by law.

D. If the domesticated entity is a domestic filing entity, its public organizational document attached under subsection B, paragraph 5 of this section:

1. Must satisfy the requirements of the laws of this state.

2. Is deemed to be signed by means of the signing of the statement of domestication.

3. May omit any provision that is not required to be included in a restatement of the public organizational document.

E. With respect to a plan of domestication that is signed on behalf of a domesticating domestic entity and that meets all of the requirements of subsection B of this section:

1. If either the domesticating entity or the domesticated entity is a domestic filing entity and if the plan so provides, the plan may be delivered for filing with the appropriate filing authority instead of a statement of domestication and, on filing, has the same effect as a statement of domestication, in which case all references in this chapter to a statement of domestication refer to the plan of domestication filed under this subsection.

2. If neither the domesticating entity nor the domesticated entity is a domestic filing entity and if the plan so provides, the plan has the same effect as a statement of domestication, in which case all references in this chapter to a statement of domestication refer to the plan of domestication.

F. With respect to the effective date and time of the domestication:

1. If either the domesticating entity or the domesticated entity is a domestic filing entity, once a statement of domestication has been approved by the appropriate filing authority, both the domestication and the statement of domestication become effective on the date and time of the delivery of the statement of domestication for filing with the appropriate filing authority or, if applicable, on the later date and time specified in the statement of domestication.

2. If neither the domesticating entity nor the domesticated entity is a domestic filing entity, both the domestication and the statement of domestication are effective on the signing of the statement of domestication or, if applicable, the later date and time specified in the statement of domestication.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.