PDF FORM BCA 11 25 Rev Dec Illinois Secretary of State

What is the BCA 14 30 Form?

The BCA 14 30 form, officially known as the Illinois Surviving Corporation form, is a legal document used in the state of Illinois. It is specifically designed for corporations that are undergoing a merger or acquisition. This form serves to officially record the surviving entity after a merger, ensuring that all legal obligations and rights are transferred appropriately. By completing this form, businesses can maintain compliance with state regulations and ensure a smooth transition during corporate restructuring.

Key Elements of the BCA 14 30 Form

The BCA 14 30 form includes several essential components that must be accurately filled out to ensure its validity. Key elements typically include:

• Names of the merging entities: The full legal names of both the surviving and the merged corporations.
• Date of the merger: The official date when the merger takes effect.
• Statement of intent: A declaration that the surviving corporation will assume all liabilities and obligations of the merged entity.
• Signature of authorized representatives: Signatures from individuals who are legally authorized to act on behalf of the corporations involved.

Steps to Complete the BCA 14 30 Form

Completing the BCA 14 30 form involves several important steps to ensure accuracy and compliance:

1. Gather necessary information: Collect the required details about both corporations, including names, addresses, and the date of the merger.
2. Fill out the form: Carefully enter the information in the designated fields, ensuring all details are accurate.
3. Review for accuracy: Double-check all entries for errors or omissions before finalizing the document.
4. Obtain signatures: Ensure that the form is signed by authorized representatives from both corporations.
5. Submit the form: File the completed BCA 14 30 form with the Illinois Secretary of State, either online or via mail.

Legal Use of the BCA 14 30 Form

The BCA 14 30 form is legally binding and must be filed in accordance with Illinois state law. Its proper execution ensures that the merger is recognized by the state, protecting the rights of shareholders, creditors, and other stakeholders. Failure to file this form may result in legal complications, including the inability to enforce the merger or transfer assets legally.

Form Submission Methods

The BCA 14 30 form can be submitted through various methods, providing flexibility for businesses. Options include:

• Online submission: Many businesses prefer to file electronically through the Illinois Secretary of State's website, which offers a streamlined process.
• Mail submission: The form can also be printed and mailed to the appropriate state office.
• In-person submission: Businesses may choose to deliver the form directly to the Secretary of State's office for immediate processing.

Filing Deadlines and Important Dates

It is crucial for businesses to be aware of filing deadlines associated with the BCA 14 30 form. Typically, the form should be filed promptly after the merger is finalized to avoid potential legal issues. Specific deadlines may vary based on the nature of the merger and corporate bylaws, so consulting with legal counsel or a corporate advisor is advisable to ensure compliance.