{"version":"1.0","provider_name":"Arizona LLC Law","provider_url":"https:\/\/www.keytlaw.com\/azllclaw","author_name":"Richard Keyt","author_url":"https:\/\/www.keytlaw.com\/azllclaw\/author\/1llclawyer\/","title":"ARS Section 29-848. Merger, Interest Exchange, Conversion, Domestication or Division; Definitions","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"7WnYRTobQk\"><a href=\"https:\/\/www.keytlaw.com\/azllclaw\/ars-section-29-848\/\">ARS Section  29-848. Merger, Interest Exchange, Conversion, Domestication or Division; Definitions<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.keytlaw.com\/azllclaw\/ars-section-29-848\/embed\/#?secret=7WnYRTobQk\" width=\"600\" height=\"338\" title=\"&#8220;ARS Section  29-848. Merger, Interest Exchange, Conversion, Domestication or Division; Definitions&#8221; &#8212; Arizona LLC Law\" data-secret=\"7WnYRTobQk\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.keytlaw.com\/azllclaw\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"A. A domestic professional limited liability company may be a party to or otherwise undertake a merger, an interest exchange, a conversion, a domestication or a division by complying with article 7 of this chapter and chapter 6 of this title. B. If a domestic professional limited liability company is to be created in a merger, a conversion, a domestication or a division: 1. The members of the company must be qualified to be members as provided by section 29-844, subsection B. 2. The articles of organization of the company must comply with section 29-841.01, subsection A. C. For the purposes of this section: 1. &#8220;Conversion&#8221; means a transaction authorized by chapter 6, article 4 of this title. 2. &#8220;Division&#8221; means a transaction authorized by chapter 6, article 6 of this title. 3. &#8220;Domestication&#8221; means a transaction authorized by chapter 6, article 5 of this title. 4. &#8220;Interest exchange&#8221; means a transaction authorized by chapter 6, article 3 of this title. 5. &#8220;Merger&#8221; means a transaction authorized by chapter 6, article 2 of this title. Caution:\u00a0\u00a0The above language was taken from Arizona\u2019s statutes on November 13, 2016.\u00a0 Check the Arizona legislature\u2019s website to determine if this statute changed after November 13, 2016."}