Code of Virginia § 13.1-1225. Limited liability.
50 words·~1 min read·
/va/title-13-1/chapter-14/13-1-1225·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except to the extent otherwise expressly provided in the governing instrument of the business trust, the beneficial owners shall be entitled to the same limitation of personal liability extended to shareholders of a Virginia corporation formed under Chapter 9 (§ 13.1-601 et seq.) of this title.
2002, c. 621 .