Code of Virginia § 50-73.137:1. Effect of cancellation of limited partnership certificate or registration.
167 words·~1 min read·
/va/title-50/chapter-2-2/50-73-137-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Whenever the certificate of limited partnership of a domestic limited partnership that is registered as a registered limited liability partnership is canceled, the limited partnership's registration as a registered limited liability partnership shall thereupon be automatically canceled unless the certificate of limited partnership was canceled pursuant to a conversion to a partnership under § 50-73.126 .
B. Whenever the certificate of registration to transact business in this Commonwealth of a foreign limited partnership that is registered as a foreign registered limited liability partnership is canceled, the foreign limited partnership's registration as a foreign registered limited liability partnership shall thereupon be automatically canceled.
C. A registered limited liability partnership or foreign registered limited liability partnership that has ceased to be a registered limited liability partnership or a foreign registered limited liability partnership under subsection A or B may restore its status as such by complying with the requirements of subsection E of § 50-73.134 .
2003, c. 378 ; 2004, c. 601 ; 2009, c. 716 .