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14 chapters · 873 sections in this title.
Va. Code Ann. § 13.1-944.3 (Repealed effective January 1, 2027) Plan of entity conversion
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A. To become a domestic limited liability company, a domestic corporation shall adopt a plan of entity conversion setting forth: 1. A statement of the corporation's intention to convert to a limited liability company; 2. The terms and conditions of the conversion, including the m…
Va. Code Ann. § 13.1-944.4 (Repealed effective January 1, 2027) Action on plan of entity conversion
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A. Where the corporation has no members, or no members having voting rights, the plan shall be adopted upon receiving the vote of at least two-thirds of the directors in office. B. Where there are members of the corporation having voting rights: 1. The plan of entity conversion s…
Va. Code Ann. § 13.1-944.5 (Repealed effective January 1, 2027) Articles of entity conversion
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A. After the plan of entity conversion of a corporation into a limited liability company has been adopted and approved as required by this article, the converting entity shall deliver to the Commission for filing articles of entity conversion setting forth: 1. The name of the cor…
Va. Code Ann. § 13.1-944.6 (Repealed effective January 1, 2027) Effect of entity conversion
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A. When an entity conversion under this article becomes effective, with respect to that entity: 1. The title to all real estate and other property remains in the resulting entity without reversion or impairment; 2. The liabilities remain the liabilities of the resulting entity; 3…