Code of Virginia § 13.1-1099.16. Merger authorized; parties restricted.
55 words·~1 min read·
/va/title-13-1/chapter-12/13-1-1099-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A series limited liability company may be party to a merger in accordance with Article 13 (§ 13.1-1069.1 et seq.), this section, and §§ 13.1-1099.17 through 13.1-1099.20 only if:
1. Each party to the merger is a limited liability company; and
2. The surviving company is not created in the merger.
2019, c. 636 .