Code of Virginia § 13.1-1074. Definitions.
132 words·~1 min read·
/va/title-13-1/chapter-12/13-1-1074·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As used in this article, unless the context requires a different meaning:
"Domesticated limited liability company" means the domesticating limited liability company as it continues in existence after a domestication.
"Domesticating limited liability company" means the domestic limited liability company that approves a plan of domestication pursuant to § 13.1-1075 or the foreign limited liability company that approves a domestication pursuant to the organic law of the foreign limited liability company.
"Domestication" means a transaction pursuant to this article, including domestication of a foreign limited liability company as a domestic limited liability company or domestication of a domestic limited liability company in another jurisdiction, where the other jurisdiction authorizes such a transaction even if by another name.
2006, c. 912 ; 2013, c. 17 ; 2021, Sp. Sess. I, c. 487 .