§ 3306 Entity Conversion Fee

• •If a business wants to change its type (like from a small shop to a big company), they have to pay a fee.
• •The fee is no more than $150.
• •The Secretary of State is the one who collects this fee.

A small family bakery wants to become a bigger company to sell more cakes.

They have to pay a fee of up to $150 to the Secretary of State to make this change official.