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This version of the form is not currently in use and is provided for reference only. Download this version of
Form LI-231
for the current year.
Form LI-231 Professional Corporation (Pc) or Professional Limited Liability Company (Pllc) Application - Arizona
What Is Form LI-231?
This is a legal form that was released by the Arizona Department of Real Estate - a government authority operating within Arizona. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form LI-231?
A: Form LI-231 is an application for forming a Professional Corporation (PC) or Professional Limited Liability Company (PLLC) in Arizona.
Q: What is a Professional Corporation (PC)?
A: A Professional Corporation (PC) is a type of corporation that allows licensed professionals, such as doctors or lawyers, to organize their practices and limit their personal liability.
Q: What is a Professional Limited Liability Company (PLLC)?
A: A Professional Limited Liability Company (PLLC) is a type of limited liability company that allows licensed professionals to organize their practices and limit their personal liability.
Q: Who can use Form LI-231?
A: Form LI-231 can be used by licensed professionals who wish to form a Professional Corporation (PC) or Professional Limited Liability Company (PLLC) in Arizona.
Q: What information is required on Form LI-231?
A: Form LI-231 requires information about the proposed Professional Corporation or Professional Limited Liability Company, including the names and addresses of the owners and officers, the type of professional service provided, and the proposed business name.
Q: What happens after submitting Form LI-231?
A: After submitting Form LI-231, the Arizona Corporation Commission (ACC) will review the application and, if approved, issue a certificate of incorporation or organization.
Q: Can I make changes to my Professional Corporation (PC) or Professional Limited Liability Company (PLLC) after it has been formed?
A: Yes, changes can be made to a Professional Corporation (PC) or Professional Limited Liability Company (PLLC) after it has been formed. However, certain changes may require filing additional forms or paying additional fees.
Q: Can I convert my existing business into a Professional Corporation (PC) or Professional Limited Liability Company (PLLC)?
A: Yes, it is possible to convert an existing business into a Professional Corporation (PC) or Professional Limited Liability Company (PLLC). However, the specific requirements and process may vary, and it is recommended to consult with a legal professional or the Arizona Corporation Commission (ACC) for guidance.
Form Details:
- Released on August 1, 2019;
- The latest edition provided by the Arizona Department of Real Estate;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form LI-231 by clicking the link below or browse more documents and templates provided by the Arizona Department of Real Estate.
Download Form LI-231 Professional Corporation (Pc) or Professional Limited Liability Company (Pllc) Application - Arizona
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