{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1238.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1238.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1238.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1238.html"}],"law_id":57615,"edition_id":1,"section_id":57615,"structure_id":15125,"section_number":"13.1-1238","catch_line":"Articles of cancellation","history":"2002, c. 621; 2008, c. 101; 2013, c. 25.","full_text":"A\n\nWhen the affairs of a business trust have been wound up pursuant to \u00a7 13.1-1236, it shall file articles of cancellation with the Commission. The articles shall set forth:1\n\nThe name of the business trust;2\n\nThe identification number issued by the Commission to the business trust;3\n\nThe effective date of its certificate of trust;4\n\nA statement that the business trust has completed the winding up of its affairs; and5\n\nAny other information the trustees determine to include therein, including the reason for filing the articles of cancellation.B\n\nIf the Commission finds that the articles of cancellation comply with the requirements of law and that all required fees have been paid, it shall by order issue a certificate of cancellation, canceling the business trust’s existence. Upon the effective date of such certificate, the existence of the business trust shall cease, except for the purpose of suits, other proceedings, and appropriate actions by trustees and beneficial owners as provided in this chapter.","order_by":null,"text":{"0":{"id":211112,"text":"When the affairs of a business trust have been wound up pursuant to \u00a7 13.1-1236, it shall file articles of cancellation with the Commission. The articles shall set forth:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":211113,"text":"The name of the business trust;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":211114,"text":"The identification number issued by the Commission to the business trust;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":211115,"text":"The effective date of its certificate of trust;","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":211116,"text":"A statement that the business trust has completed the winding up of its affairs; and","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":211117,"text":"Any other information the trustees determine to include therein, including the reason for filing the articles of cancellation.","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"B"},"6":{"id":211118,"text":"If the Commission finds that the articles of cancellation comply with the requirements of law and that all required fees have been paid, it shall by order issue a certificate of cancellation, canceling the business trust’s existence. Upon the effective date of such certificate, the existence of the business trust shall cease, except for the purpose of suits, other proceedings, and appropriate actions by trustees and beneficial owners as provided in this chapter.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A5"}},"ancestry":[{"id":15125,"edition_id":1,"name":"Dissolution","identifier":"8","label":"article","depth":3,"order_by":1,"parent_id":12745,"metadata":{},"date_created":"2026-06-26 03:52:18","date_modified":"2026-06-26 03:52:18","permalink":{"id":149417,"object_type":"structure","relational_id":15125,"identifier":"8","token":"13.1\/14\/8","url":"\/13.1\/14\/8\/","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":70888,"structure_id":15125,"section_number":"13.1-1234","catch_line":"Dissolution generally","url":"\/13.1-1234\/","token":"13.1\/14\/8\/13.1-1234","metadata":false},{"id":76577,"structure_id":15125,"section_number":"13.1-1235","catch_line":"Judicial dissolution","url":"\/13.1-1235\/","token":"13.1\/14\/8\/13.1-1235","metadata":false},{"id":71409,"structure_id":15125,"section_number":"13.1-1236","catch_line":"Winding up","url":"\/13.1-1236\/","token":"13.1\/14\/8\/13.1-1236","metadata":false},{"id":78638,"structure_id":15125,"section_number":"13.1-1237","catch_line":"Distribution of assets upon dissolution","url":"\/13.1-1237\/","token":"13.1\/14\/8\/13.1-1237","metadata":false},{"id":57615,"structure_id":15125,"section_number":"13.1-1238","catch_line":"Articles of cancellation","url":"\/13.1-1238\/","token":"13.1\/14\/8\/13.1-1238","metadata":false},{"id":60423,"structure_id":15125,"section_number":"13.1-1238.1","catch_line":"Automatic cancellation of business trust existence","url":"\/13.1-1238.1\/","token":"13.1\/14\/8\/13.1-1238.1","metadata":false},{"id":85409,"structure_id":15125,"section_number":"13.1-1238.2","catch_line":"Involuntary cancellation of business trust existence","url":"\/13.1-1238.2\/","token":"13.1\/14\/8\/13.1-1238.2","metadata":false},{"id":82140,"structure_id":15125,"section_number":"13.1-1239","catch_line":"Reinstatement of a business trust that has ceased to exist","url":"\/13.1-1239\/","token":"13.1\/14\/8\/13.1-1239","metadata":false},{"id":82921,"structure_id":15125,"section_number":"13.1-1240","catch_line":"Dissolution of series","url":"\/13.1-1240\/","token":"13.1\/14\/8\/13.1-1240","metadata":false}],"previous_section":{"id":78638,"structure_id":15125,"section_number":"13.1-1237","catch_line":"Distribution of assets upon dissolution","url":"\/13.1-1237\/","token":"13.1\/14\/8\/13.1-1237","metadata":false},"next_section":{"id":60423,"structure_id":15125,"section_number":"13.1-1238.1","catch_line":"Automatic cancellation of business trust existence","url":"\/13.1-1238.1\/","token":"13.1\/14\/8\/13.1-1238.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1238\/","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 2008, chapter 101<\/a>; in 2013, chapter 25<\/a>.<\/p>","references":[{"id":71717,"section_number":"13.1-1261","catch_line":"Articles of merger","order_by":null,"url":"\/13.1-1261\/"}],"refers_to":[{"id":71409,"section_number":"13.1-1236","catch_line":"Winding up","order_by":null,"url":"\/13.1-1236\/"}],"permalink":{"id":149435,"object_type":"law","relational_id":57615,"identifier":"13.1-1238","token":"13.1\/14\/8\/13.1-1238","url":"\/13.1-1238\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1238\/","token":"13.1\/14\/8\/13.1-1238","dublin_core":{"Title":"Articles of cancellation","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1238","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> When the affairs of a business trust<\/span> have been wound up pursuant to \u00a7 13.1-1236<\/a>, it shall file articles of cancellation with the Commission<\/span>. The articles shall set forth: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The name of the business trust<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The identification number issued by the Commission<\/span> to the business trust<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The effective date of its certificate of trust; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> A statement that the business trust<\/span> has completed the winding up of its affairs; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Any other information the trustees<\/span> determine to include therein, including the reason for filing the articles of cancellation. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the Commission<\/span> finds that the articles of cancellation comply with the requirements of law<\/span> and that all required fees have been paid, it shall by order<\/span> issue<\/span> a certificate of cancellation, canceling the business trust<\/span>’s existence. Upon the effective date of such certificate, the existence of the business trust<\/span> shall cease, except for the purpose of suits, other proceedings, and appropriate actions by trustees<\/span> and beneficial owners<\/span> as provided in this chapter. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nARTICLES OF CANCELLATION (\u00a7 13.1-1238)\n\nA. When the affairs of a business trust have been wound up pursuant to \u00a7\n13.1-1236, it shall file articles of cancellation with the Commission. The\narticles shall set forth:\n\n 1. The name of the business trust;\n\n 2. The identification number issued by the Commission to the business trust;\n\n 3. The effective date of its certificate of trust;\n\n 4. A statement that the business trust has completed the winding up of its\n affairs; and\n\n 5. Any other information the trustees determine to include therein, including\n the reason for filing the articles of cancellation.\n\nB. If the Commission finds that the articles of cancellation comply with the\nrequirements of law and that all required fees have been paid, it shall by order\nissue a certificate of cancellation, canceling the business trust’s\nexistence. Upon the effective date of such certificate, the existence of the\nbusiness trust shall cease, except for the purpose of suits, other proceedings,\nand appropriate actions by trustees and beneficial owners as provided in this\nchapter.\n\nHISTORY: 2002, c. 621; 2008, c. 101; 2013, c. 25.","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}}