{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1215.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1215.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1215.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1215.html"}],"law_id":87380,"edition_id":1,"section_id":87380,"structure_id":14984,"section_number":"13.1-1215","catch_line":"Reserved name","history":"2002, c. 621; 2006, c. 505; 2015, c. 444.","full_text":"A\n\nA person may apply to the Commission to reserve the exclusive use of a business trust name, including a designated name for a foreign business trust. If the Commission finds that the business trust name applied for is distinguishable upon the records of the Commission, it shall reserve the name for the applicant’s exclusive use for a 120-day period.B\n\nThe owner of a reserved business trust name may renew the reservation for successive periods of 120 days each by filing with the Commission, during the 45-day period preceding the date of expiration of the reservation, a renewal application.C\n\nThe owner of a reserved business trust name may transfer the reservation to another person by delivering to the Commission a notice of the transfer, signed by the applicant for whom the name was reserved, and specifying the name and address of the transferee.D\n\nA reserved business trust name may be used by its owner in connection with (i) the formation or an amendment to change the name of a domestic stock or nonstock corporation, limited liability company, business trust, or limited partnership; (ii) an application for a certificate of authority or registration to transact business in the Commonwealth as a foreign stock or nonstock corporation, limited liability company, business trust, or limited partnership; or (iii) an amended application for such authority or registration, provided that the proposed name complies with the provisions of § 13.1-630, 13.1-762, 13.1-829, 13.1-924, 13.1-1012, 13.1-1054, 13.1-1214, 13.1-1244, 50-73.2, or 50-73.56, as the case may be.","order_by":null,"text":{"0":{"id":312889,"text":"A person may apply to the Commission to reserve the exclusive use of a business trust name, including a designated name for a foreign business trust. If the Commission finds that the business trust name applied for is distinguishable upon the records of the Commission, it shall reserve the name for the applicant’s exclusive use for a 120-day period.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":312890,"text":"The owner of a reserved business trust name may renew the reservation for successive periods of 120 days each by filing with the Commission, during the 45-day period preceding the date of expiration of the reservation, a renewal application.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":312891,"text":"The owner of a reserved business trust name may transfer the reservation to another person by delivering to the Commission a notice of the transfer, signed by the applicant for whom the name was reserved, and specifying the name and address of the transferee.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":312892,"text":"A reserved business trust name may be used by its owner in connection with (i) the formation or an amendment to change the name of a domestic stock or nonstock corporation, limited liability company, business trust, or limited partnership; (ii) an application for a certificate of authority or registration to transact business in the Commonwealth as a foreign stock or nonstock corporation, limited liability company, business trust, or limited partnership; or (iii) an amended application for such authority or registration, provided that the proposed name complies with the provisions of § 13.1-630, 13.1-762, 13.1-829, 13.1-924, 13.1-1012, 13.1-1054, 13.1-1214, 13.1-1244, 50-73.2, or 50-73.56, as the case may be.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":14984,"edition_id":1,"name":"Formation","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":12745,"metadata":{},"date_created":"2026-06-26 03:51:18","date_modified":"2026-06-26 03:51:18","permalink":{"id":149305,"object_type":"structure","relational_id":14984,"identifier":"2","token":"13.1\/14\/2","url":"\/13.1\/14\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12745,"edition_id":1,"name":"Virginia Business Trust Act","identifier":"14","label":"chapter","depth":2,"order_by":1,"parent_id":12744,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":149111,"object_type":"structure","relational_id":12745,"identifier":"14","token":"13.1\/14","url":"\/13.1\/14\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12744,"edition_id":1,"name":"Corporations","identifier":"13.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":147493,"object_type":"structure","relational_id":12744,"identifier":"13.1","token":"13.1","url":"\/13.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":59719,"structure_id":14984,"section_number":"13.1-1209","catch_line":"Purposes","url":"\/13.1-1209\/","token":"13.1\/14\/2\/13.1-1209","metadata":false},{"id":73430,"structure_id":14984,"section_number":"13.1-1210","catch_line":"Powers","url":"\/13.1-1210\/","token":"13.1\/14\/2\/13.1-1210","metadata":false},{"id":87115,"structure_id":14984,"section_number":"13.1-1211","catch_line":"Formation","url":"\/13.1-1211\/","token":"13.1\/14\/2\/13.1-1211","metadata":false},{"id":76794,"structure_id":14984,"section_number":"13.1-1212","catch_line":"Articles of trust","url":"\/13.1-1212\/","token":"13.1\/14\/2\/13.1-1212","metadata":false},{"id":82051,"structure_id":14984,"section_number":"13.1-1213","catch_line":"Articles of correction","url":"\/13.1-1213\/","token":"13.1\/14\/2\/13.1-1213","metadata":false},{"id":68645,"structure_id":14984,"section_number":"13.1-1214","catch_line":"Name","url":"\/13.1-1214\/","token":"13.1\/14\/2\/13.1-1214","metadata":false},{"id":87380,"structure_id":14984,"section_number":"13.1-1215","catch_line":"Reserved name","url":"\/13.1-1215\/","token":"13.1\/14\/2\/13.1-1215","metadata":false},{"id":57174,"structure_id":14984,"section_number":"13.1-1216","catch_line":"Amendment of articles of trust","url":"\/13.1-1216\/","token":"13.1\/14\/2\/13.1-1216","metadata":false},{"id":81214,"structure_id":14984,"section_number":"13.1-1217","catch_line":"Restatement of articles of trust","url":"\/13.1-1217\/","token":"13.1\/14\/2\/13.1-1217","metadata":false},{"id":81602,"structure_id":14984,"section_number":"13.1-1218","catch_line":"Existence","url":"\/13.1-1218\/","token":"13.1\/14\/2\/13.1-1218","metadata":false},{"id":84854,"structure_id":14984,"section_number":"13.1-1219","catch_line":"Governing instrument","url":"\/13.1-1219\/","token":"13.1\/14\/2\/13.1-1219","metadata":false}],"previous_section":{"id":68645,"structure_id":14984,"section_number":"13.1-1214","catch_line":"Name","url":"\/13.1-1214\/","token":"13.1\/14\/2\/13.1-1214","metadata":false},"next_section":{"id":57174,"structure_id":14984,"section_number":"13.1-1216","catch_line":"Amendment of articles of trust","url":"\/13.1-1216\/","token":"13.1\/14\/2\/13.1-1216","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1215\/","history_text":"

This law was first created in 2002. The record of its establishment is cataloged in chapter 621<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2006, chapter 505<\/a>; in 2015, chapter 444<\/a>.<\/p>","references":[{"id":82092,"section_number":"13.1-1012","catch_line":"Name","order_by":null,"url":"\/13.1-1012\/"},{"id":68645,"section_number":"13.1-1214","catch_line":"Name","order_by":null,"url":"\/13.1-1214\/"},{"id":71750,"section_number":"13.1-630","catch_line":"Corporate name","order_by":null,"url":"\/13.1-630\/"},{"id":83167,"section_number":"13.1-829","catch_line":"Corporate name","order_by":null,"url":"\/13.1-829\/"},{"id":71893,"section_number":"50-73.2","catch_line":"Name","order_by":null,"url":"\/50-73.2\/"}],"refers_to":[{"id":82092,"section_number":"13.1-1012","catch_line":"Name","order_by":null,"url":"\/13.1-1012\/"},{"id":71928,"section_number":"13.1-1054","catch_line":"Name of foreign limited liability company","order_by":null,"url":"\/13.1-1054\/"},{"id":68645,"section_number":"13.1-1214","catch_line":"Name","order_by":null,"url":"\/13.1-1214\/"},{"id":83737,"section_number":"13.1-1244","catch_line":"Name","order_by":null,"url":"\/13.1-1244\/"},{"id":71750,"section_number":"13.1-630","catch_line":"Corporate name","order_by":null,"url":"\/13.1-630\/"},{"id":54580,"section_number":"13.1-762","catch_line":"Corporate name of foreign corporation","order_by":null,"url":"\/13.1-762\/"},{"id":83167,"section_number":"13.1-829","catch_line":"Corporate name","order_by":null,"url":"\/13.1-829\/"},{"id":82842,"section_number":"13.1-924","catch_line":"Corporate name of foreign corporation","order_by":null,"url":"\/13.1-924\/"},{"id":71893,"section_number":"50-73.2","catch_line":"Name","order_by":null,"url":"\/50-73.2\/"},{"id":60508,"section_number":"50-73.56","catch_line":"Name","order_by":null,"url":"\/50-73.56\/"}],"permalink":{"id":149331,"object_type":"law","relational_id":87380,"identifier":"13.1-1215","token":"13.1\/14\/2\/13.1-1215","url":"\/13.1-1215\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1215\/","token":"13.1\/14\/2\/13.1-1215","dublin_core":{"Title":"Reserved name","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1215","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A person<\/span> may apply to the Commission<\/span> to reserve the exclusive use of a business trust name, including a designated name for a foreign business trust<\/span>. If the Commission<\/span> finds that the business trust name applied for is distinguishable upon the records of the Commission<\/span>, it shall reserve the name for the applicant’s exclusive use for a 120-day period. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The owner of a reserved business trust name may renew the reservation for successive periods of 120 days each by filing with the Commission<\/span>, during the 45-day period preceding the date of expiration of the reservation, a renewal application. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The owner of a reserved business trust name may transfer the reservation to another person<\/span> by delivering to the Commission<\/span> a notice of the transfer, signed by the applicant for whom the name was reserved, and specifying the name and address of the transferee. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> A reserved business trust name may be used by its owner in connection with (i) the formation or an amendment to change the name of a domestic stock or nonstock corporation, limited liability company, business trust, or limited partnership; (ii) an application for a certificate of authority or registration to transact business in the Commonwealth as a foreign stock or nonstock corporation, limited liability company, business trust, or limited partnership; or (iii) an amended application for such authority or registration, provided that the proposed name complies with the provisions of § 13.1-630<\/a>, 13.1-762<\/a>, 13.1-829<\/a>, 13.1-924<\/a>, 13.1-1012<\/a>, 13.1-1054<\/a>, 13.1-1214<\/a>, 13.1-1244<\/a>, 50-73.2<\/a>, or 50-73.56<\/a>, as the case may be. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRESERVED NAME (\u00a7 13.1-1215)\n\nA. A person may apply to the Commission to reserve the exclusive use of a\nbusiness trust name, including a designated name for a foreign business trust.\nIf the Commission finds that the business trust name applied for is\ndistinguishable upon the records of the Commission, it shall reserve the name\nfor the applicant’s exclusive use for a 120-day period.\n\nB. The owner of a reserved business trust name may renew the reservation for\nsuccessive periods of 120 days each by filing with the Commission, during the\n45-day period preceding the date of expiration of the reservation, a renewal\napplication.\n\nC. The owner of a reserved business trust name may transfer the reservation to\nanother person by delivering to the Commission a notice of the transfer, signed\nby the applicant for whom the name was reserved, and specifying the name and\naddress of the transferee.\n\nD. A reserved business trust name may be used by its owner in connection with\n(i) the formation or an amendment to change the name of a domestic stock or\nnonstock corporation, limited liability company, business trust, or limited\npartnership; (ii) an application for a certificate of authority or registration\nto transact business in the Commonwealth as a foreign stock or nonstock\ncorporation, limited liability company, business trust, or limited partnership;\nor (iii) an amended application for such authority or registration, provided\nthat the proposed name complies with the provisions of § 13.1-630,\n13.1-762, 13.1-829, 13.1-924, 13.1-1012, 13.1-1054, 13.1-1214, 13.1-1244,\n50-73.2, or 50-73.56, as the case may be.\n\nHISTORY: 2002, c. 621; 2006, c. 505; 2015, c. 444.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}