Code of Virginia (Last Updated:July 28, 2020) |
TITLE 13.1. Corporations |
CHAPTER 9. Virginia Stock Corporation Act |
ARTICLE 12.2. Conversion |
SECTION 13.1-722.8. (Effective July 1, 2021) Definitions |
As used in this article, unless the context requires a different meaning: "Articles of organization" has the same meaning specified in § 13.1-1002 . "Converting entity" means the domestic corporation that adopts a plan of entity conversion pursuant to this article. "Corporation" has the same meaning specified in § 13.1-1002 . "Limited liability company" has the same meaning specified in § 13.1-1002 . "Member" has the same meaning specified in § 13.1-1002 . "Membership interest" or "interest" has the same meaning specified in § 13.1-1002 . "Resulting entity" means the limited liability company that is in existence upon consummation of an entity conversion pursuant to this article. 2001, c. 13.1-1002 ; 2002, c. 13.1-1002 ; 2016, c. 13.1-1002 . |