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2019 Code of Virginia
Title 13.1 - Corporations
Chapter 14 - Virginia Business Trust Act
Article 1. General Provisions
- § 13.1-1200. Short title
- § 13.1-1201. Definitions
- § 13.1-1202. Filing requirements
- § 13.1-1203. Issuance of certificate by Commission; recordation of documents
- § 13.1-1204. Fees for filing documents and issuing certificates
- § 13.1-1205. Unlawful to sign false documents; penalty
- § 13.1-1206. Unlawful to transact or offer to transact business as a business trust; penalty
- § 13.1-1207. Tax classification
- § 13.1-1208. Separate legal entity
Article 2. Formation
- § 13.1-1209. Purposes
- § 13.1-1210. Powers
- § 13.1-1211. Formation
- § 13.1-1212. Articles of trust
- § 13.1-1213. Articles of correction
- § 13.1-1214. Name
- § 13.1-1215. Reserved name
- § 13.1-1216. Amendment of articles of trust
- § 13.1-1217. Restatement of articles of trust
- § 13.1-1218. Existence
- § 13.1-1219. Governing instrument
Article 3. Registered Office and Agent
- § 13.1-1220. Registered office and registered agent
- § 13.1-1221. Change of registered office or registered agent
- § 13.1-1222. Resignation of registered agent
- § 13.1-1223. Service on business trust
Article 4. Beneficial Owners
- § 13.1-1224. Beneficial owners
- § 13.1-1225. Limited liability
- § 13.1-1226. Beneficial interests
- § 13.1-1227. Distributions to beneficial owners
Article 5. Trustees
- § 13.1-1228. Trustee management; limitation on duties and liabilities of others
- § 13.1-1229. Trustee standards of conduct; trustee liability; restrictions on liability limitations in governing instrument
- § 13.1-1230. Indemnification
Article 6. Legal Proceedings
Article 7. Derivative Actions
Article 8. Dissolution
- § 13.1-1234. Dissolution generally
- § 13.1-1235. Judicial dissolution
- § 13.1-1236. Winding up
- § 13.1-1237. Distribution of assets upon dissolution
- § 13.1-1238. Articles of cancellation
- § 13.1-1238.1. Automatic cancellation of business trust existence
- § 13.1-1238.2. Involuntary cancellation of business trust existence
- § 13.1-1239. Reinstatement of a business trust that has ceased to exist
- § 13.1-1240. Dissolution of series
Article 9. Foreign Business Trusts
- § 13.1-1241. Authority to transact business required; governing law
- § 13.1-1242. Application for certificate of registration
- § 13.1-1243. Repealed
- § 13.1-1244. Name
- § 13.1-1245. Amendments; amended applications for registration
- § 13.1-1246. Voluntary cancellation of certificate of registration
- § 13.1-1246.1. Automatic cancellation of registration
- § 13.1-1246.2. Involuntary cancellation of registration
- § 13.1-1246.3. Reinstatement of a certificate of registration that has been canceled
- § 13.1-1247. Transaction of business without registration; civil penalty
- § 13.1-1248. Actions by Attorney General
- § 13.1-1249. Transactions not constituting doing business
- § 13.1-1250. Merger of foreign business trust registered to transact business in Commonwealth
- § 13.1-1250.1. Entity conversion of foreign business trust registered to transact business in Commonwealth
Article 10. Annual Registration Fees
- § 13.1-1251. Annual registration fees to be assessed and collected by Commission; application of payment
- § 13.1-1252. Assessment of annual registration fees; annual registration fee to be paid by domestic and foreign business trusts
- § 13.1-1253. Repealed
- § 13.1-1254. Penalty for failure to timely pay annual registration fees or file statement of change
- § 13.1-1255. Payment of fees, fines, penalties, and interest prerequisite to Commission action; refunds
- § 13.1-1256. Collection by suit and of unpaid bills
Article 11. Merger
- § 13.1-1257. Authorization for merger
- § 13.1-1258. Approval
- § 13.1-1259. Exchange of securities; termination or amendment of merger
- § 13.1-1260. Repealed
- § 13.1-1261. Articles of merger
- § 13.1-1262. Governing instrument
- § 13.1-1263. Effect of merger
Article 12. Domestication and Conversion
- § 13.1-1264. Definitions
- § 13.1-1265. Domestication
- § 13.1-1266. Plan of domestication
- § 13.1-1267. Action on plan of domestication by a domestic business trust
- § 13.1-1268. Articles of domestication
- § 13.1-1269. Surrender of articles of trust upon domestication
- § 13.1-1270. Effect of domestication
- § 13.1-1271. Abandonment of domestication
- § 13.1-1272. Entity conversion
- § 13.1-1273. Plan of entity conversion
- § 13.1-1274. Action on plan of entity conversion
- § 13.1-1275. Articles of entity conversion
- § 13.1-1276. Effect of entity conversion
- § 13.1-1277. Abandonment of entity conversion
Article 13. Reports and Records
- § 13.1-1278. Trust records
- § 13.1-1279. Inspection of records by beneficial owners
- § 13.1-1280. Scope of inspection right
- § 13.1-1281. Court-ordered inspection
Article 14. Miscellaneous
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