SECTION 13.1-722.8. 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 .