Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 12. Virginia Limited Liability Company Act |
ARTICLE 15. Conversion |
SECTION 13.1-1081. Definitions |
As used in this article: "Articles of incorporation" has the same meaning as specified in § 13.1-603 . "Articles of trust" has the same meaning as specified in § 13.1-603 . "Certificate of limited partnership" has the same meaning as specified in § 13.1-603 . "Converting entity" means the domestic limited liability company, partnership, or limited partnership that adopts a plan of entity conversion pursuant to this article. "Partnership agreement," as to a limited partnership, has the same meaning as specified in § 13.1-603 , and, as to a partnership, has the same meaning as specified in § 13.1-603 . "Resulting entity" means the domestic stock corporation, business trust, or limited liability company that is in existence upon consummation of an entity conversion pursuant to this article. "Stock corporation" has the same meaning as "domestic corporation" as specified in § 13.1-603 . 2016, c. 13.1-603 . |