2011 Code of Virginia
Title 13.1 CORPORATIONS.
Chapter 14 Virginia Business Trust Act (13.1-1200 thru 13.1-1285)
13.1-1264 Definitions
13.1-1264. Definitions.
As used in this article:
"Articles of organization" has the same meaning specified in 13.1-1002.
"Converting entity" means the domestic or foreign business trust, corporation, limited liability company, limited partnership, partnership or other entity that adopts a plan of domestication or plan of entity conversion pursuant to this article.
"Corporation" and "domestic corporation" have the same meaning specified in 13.1-603.
"Domestic entity" means a domestic corporation, limited liability company, limited partnership, partnership or other entity.
"Foreign corporation" has the same meaning specified in 13.1-603.
"Foreign entity" means a foreign business trust, corporation, limited liability company, limited partnership, partnership or other entity.
"Foreign limited liability company" has the same meaning specified in 13.1-1002.
"Foreign limited partnership" has the same meaning specified in 50-73.1.
"Foreign partnership" has the same meaning specified in 13.1-1002.
"Limited liability company" and "domestic limited liability company" have the same meaning specified in 13.1-1002.
"Limited partnership" and "domestic limited partnership" have the same meaning specified in 50-73.1.
"Member" has the same meaning specified in 13.1-1002.
"Membership interest" or "interest" has the same meaning specified in 13.1-1002.
"Other entity" means a domestic or foreign real estate investment trust or common law trust.
"Partnership" and "domestic partnership" mean an association of two or more persons to carry on as co-owners a business for profit formed under 50-73.88, or predecessor law of this Commonwealth, and includes, for all purposes of the laws of this Commonwealth, a registered limited liability partnership.
"Surviving entity" means the domestic business trust that is in existence immediately after consummation of a domestication or an entity conversion pursuant to this article.
(2002, c. 621.)
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