So you are moving from California to Texas? What about existing business?
In our experience, may people move their legal entity as part of a relocation. They just don’t want to be dealing with the old state any more.
Existing Contracts. Obviously, the first issue is the XYZ, LLC, a California limited liability company is now XYZ, LLC, a Texas limited liability company. This is usually seen in bank accounts and contracts.
If there was a conversion this is usually just a matter of paperwork.… Read the rest