(Effective January 1, 2027) Definitions

Va. Code Ann. § 13.1-898.8, under Chapter 10. Virginia Nonstock Corporation Act..

Va. Code Ann. § 13.1-898.8

As used in this article, unless the context requires a different meaning:

"Conversion" means a transaction pursuant to this article.

"Converted entity" means the converting entity as it continues in existence after a conversion.

"Converting entity" means the domestic corporation or eligible entity that approves a plan of conversion pursuant to § 13.1-898.10 or the foreign eligible entity that approves a conversion pursuant to the organic law of the foreign eligible entity.