{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1264.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1264.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1264.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1264.html"}],"law_id":79485,"edition_id":1,"section_id":79485,"structure_id":14540,"section_number":"13.1-1264","catch_line":"Definitions","history":"2002, c. 621; 2016, c. 288; 2021, Sp. Sess. I, c. 487.","full_text":"As used in this article, unless the context requires a different meaning:\n\t\t&#8220;Articles of organization&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Converting entity&#8221; means the domestic or foreign business trust, corporation, limited liability company, limited partnership, partnership, or other entity that adopts a plan of domestication or plan of entity conversion pursuant to this article.\n\t\t&#8220;Corporation&#8221; and &#8220;domestic corporation&#8221; have the same meaning specified in \u00a7 13.1-603.\n\t\t&#8220;Domesticated business trust&#8221; means the domesticating business trust as it continues in existence after a domestication.\n\t\t&#8220;Domesticating business trust&#8221; means the domestic business trust that approves a plan of domestication pursuant to \u00a7 13.1-1267 or the foreign business trust that approves a domestication pursuant to the organic law of the foreign business trust.\n\t\t&#8220;Domestication&#8221; means a transaction pursuant to this article, including domestication of a foreign business trust as a domestic business trust or domestication of a domestic business trust in another jurisdiction, where the other jurisdiction authorizes such a transaction even if by another name.\n\t\t&#8220;Domestic entity&#8221; means a domestic corporation, limited liability company, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign corporation&#8221; has the same meaning specified in \u00a7 13.1-603.\n\t\t&#8220;Foreign entity&#8221; means a foreign business trust, corporation, limited liability company, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign limited liability company&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Foreign limited partnership&#8221; has the same meaning specified in \u00a7 50-73.1.\n\t\t&#8220;Foreign partnership&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Limited liability company&#8221; and &#8220;domestic limited liability company&#8221; have the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Limited partnership&#8221; and &#8220;domestic limited partnership&#8221; have the same meaning specified in \u00a7 50-73.1.\n\t\t&#8220;Member&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Membership interest&#8221; or &#8220;interest&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Other entity&#8221; means a domestic real estate investment trust or common law trust.\n\t\t&#8220;Partnership&#8221; and &#8220;domestic partnership&#8221; mean an association of two or more persons to carry on as co-owners a business for profit formed under \u00a7 50-73.88, or predecessor law of this Commonwealth, and includes, for all purposes of the laws of this Commonwealth, a registered limited liability partnership.\n\t\t&#8220;Resulting entity&#8221; means the domestic limited liability company or business trust that is in existence upon consummation of an entity conversion pursuant to this article.\n\t\t&#8220;Surviving entity&#8221; means the domestic business trust that is in existence upon consummation of a domestication pursuant to this article.","order_by":null,"text":{"0":{"id":284729,"text":"As used in this article, unless the context requires a different meaning:\n\t\t&#8220;Articles of organization&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Converting entity&#8221; means the domestic or foreign business trust, corporation, limited liability company, limited partnership, partnership, or other entity that adopts a plan of domestication or plan of entity conversion pursuant to this article.\n\t\t&#8220;Corporation&#8221; and &#8220;domestic corporation&#8221; have the same meaning specified in \u00a7 13.1-603.\n\t\t&#8220;Domesticated business trust&#8221; means the domesticating business trust as it continues in existence after a domestication.\n\t\t&#8220;Domesticating business trust&#8221; means the domestic business trust that approves a plan of domestication pursuant to \u00a7 13.1-1267 or the foreign business trust that approves a domestication pursuant to the organic law of the foreign business trust.\n\t\t&#8220;Domestication&#8221; means a transaction pursuant to this article, including domestication of a foreign business trust as a domestic business trust or domestication of a domestic business trust in another jurisdiction, where the other jurisdiction authorizes such a transaction even if by another name.\n\t\t&#8220;Domestic entity&#8221; means a domestic corporation, limited liability company, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign corporation&#8221; has the same meaning specified in \u00a7 13.1-603.\n\t\t&#8220;Foreign entity&#8221; means a foreign business trust, corporation, limited liability company, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign limited liability company&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Foreign limited partnership&#8221; has the same meaning specified in \u00a7 50-73.1.\n\t\t&#8220;Foreign partnership&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Limited liability company&#8221; and &#8220;domestic limited liability company&#8221; have the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Limited partnership&#8221; and &#8220;domestic limited partnership&#8221; have the same meaning specified in \u00a7 50-73.1.\n\t\t&#8220;Member&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Membership interest&#8221; or &#8220;interest&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Other entity&#8221; means a domestic real estate investment trust or common law trust.\n\t\t&#8220;Partnership&#8221; and &#8220;domestic partnership&#8221; mean an association of two or more persons to carry on as co-owners a business for profit formed under \u00a7 50-73.88, or predecessor law of this Commonwealth, and includes, for all purposes of the laws of this Commonwealth, a registered limited liability partnership.\n\t\t&#8220;Resulting entity&#8221; means the domestic limited liability company or business trust that is in existence upon consummation of an entity conversion pursuant to this article.\n\t\t&#8220;Surviving entity&#8221; means the domestic business trust that is in existence upon consummation of a domestication pursuant to this article.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14540,"edition_id":1,"name":"Domestication and Conversion","identifier":"12","label":"article","depth":3,"order_by":1,"parent_id":12745,"metadata":{},"date_created":"2026-06-26 03:48:35","date_modified":"2026-06-26 03:48:35","permalink":{"id":149211,"object_type":"structure","relational_id":14540,"identifier":"12","token":"13.1\/14\/12","url":"\/13.1\/14\/12\/","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":79485,"structure_id":14540,"section_number":"13.1-1264","catch_line":"Definitions","url":"\/13.1-1264\/","token":"13.1\/14\/12\/13.1-1264","metadata":false},{"id":67797,"structure_id":14540,"section_number":"13.1-1265","catch_line":"Domestication","url":"\/13.1-1265\/","token":"13.1\/14\/12\/13.1-1265","metadata":false},{"id":67129,"structure_id":14540,"section_number":"13.1-1266","catch_line":"Plan of domestication","url":"\/13.1-1266\/","token":"13.1\/14\/12\/13.1-1266","metadata":false},{"id":59114,"structure_id":14540,"section_number":"13.1-1267","catch_line":"Action on plan of domestication by a domestic business trust","url":"\/13.1-1267\/","token":"13.1\/14\/12\/13.1-1267","metadata":false},{"id":58042,"structure_id":14540,"section_number":"13.1-1268","catch_line":"Articles of domestication","url":"\/13.1-1268\/","token":"13.1\/14\/12\/13.1-1268","metadata":false},{"id":69025,"structure_id":14540,"section_number":"13.1-1269","catch_line":"Surrender of articles of trust upon domestication","url":"\/13.1-1269\/","token":"13.1\/14\/12\/13.1-1269","metadata":false},{"id":64123,"structure_id":14540,"section_number":"13.1-1270","catch_line":"Effect of domestication","url":"\/13.1-1270\/","token":"13.1\/14\/12\/13.1-1270","metadata":false},{"id":61835,"structure_id":14540,"section_number":"13.1-1271","catch_line":"Abandonment of domestication","url":"\/13.1-1271\/","token":"13.1\/14\/12\/13.1-1271","metadata":false},{"id":55993,"structure_id":14540,"section_number":"13.1-1272","catch_line":"Entity conversion","url":"\/13.1-1272\/","token":"13.1\/14\/12\/13.1-1272","metadata":false},{"id":60773,"structure_id":14540,"section_number":"13.1-1273","catch_line":"Plan of entity conversion","url":"\/13.1-1273\/","token":"13.1\/14\/12\/13.1-1273","metadata":false},{"id":74923,"structure_id":14540,"section_number":"13.1-1274","catch_line":"Action on plan of entity conversion","url":"\/13.1-1274\/","token":"13.1\/14\/12\/13.1-1274","metadata":false},{"id":70667,"structure_id":14540,"section_number":"13.1-1275","catch_line":"Articles of entity conversion","url":"\/13.1-1275\/","token":"13.1\/14\/12\/13.1-1275","metadata":false},{"id":80893,"structure_id":14540,"section_number":"13.1-1276","catch_line":"Effect of entity conversion","url":"\/13.1-1276\/","token":"13.1\/14\/12\/13.1-1276","metadata":false},{"id":61804,"structure_id":14540,"section_number":"13.1-1277","catch_line":"Abandonment of entity conversion","url":"\/13.1-1277\/","token":"13.1\/14\/12\/13.1-1277","metadata":false}],"next_section":{"id":67797,"structure_id":14540,"section_number":"13.1-1265","catch_line":"Domestication","url":"\/13.1-1265\/","token":"13.1\/14\/12\/13.1-1265","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1264\/","history_text":"<p>This law was first created in 2002. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?021+ful+CHAP0621\">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 1 time. 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. That modification is as follows: in 2016, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?161+ful+CHAP0288\">288<\/a>.<\/p>","references":[{"id":65011,"section_number":"13.1-1002","catch_line":"Definitions","order_by":null,"url":"\/13.1-1002\/"},{"id":70548,"section_number":"13.1-1082","catch_line":"Entity conversion","order_by":null,"url":"\/13.1-1082\/"},{"id":68199,"section_number":"13.1-1201","catch_line":"Definitions","order_by":null,"url":"\/13.1-1201\/"}],"refers_to":[{"id":65011,"section_number":"13.1-1002","catch_line":"Definitions","order_by":null,"url":"\/13.1-1002\/"},{"id":59114,"section_number":"13.1-1267","catch_line":"Action on plan of domestication by a domestic business trust","order_by":null,"url":"\/13.1-1267\/"},{"id":83518,"section_number":"13.1-603","catch_line":"Definitions","order_by":null,"url":"\/13.1-603\/"},{"id":80626,"section_number":"50-73.1","catch_line":"Definitions","order_by":null,"url":"\/50-73.1\/"},{"id":75229,"section_number":"50-73.88","catch_line":"Formation of partnership","order_by":null,"url":"\/50-73.88\/"}],"permalink":{"id":149213,"object_type":"law","relational_id":79485,"identifier":"13.1-1264","token":"13.1\/14\/12\/13.1-1264","url":"\/13.1-1264\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1264\/","token":"13.1\/14\/12\/13.1-1264","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1264","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>As used in this article, unless the context requires a different meaning:\n\t\t&#8220;Articles of organization&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;<span class=\"dictionary\">Converting entity<\/span>&#8221; means the domestic or <span class=\"dictionary\">foreign business trust<\/span>, corporation, limited liability company, limited partnership, partnership, or <span class=\"dictionary\">other entity<\/span> that adopts a plan of <span class=\"dictionary\">domestication<\/span> or plan of <span class=\"dictionary\">entity conversion<\/span> pursuant to this article.\n\t\t&#8220;Corporation&#8221; and &#8220;<span class=\"dictionary\">domestic corporation<\/span>&#8221; have the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-603\/\">13.1-603<\/a>.\n\t\t&#8220;<span class=\"dictionary\">Domesticated business trust<\/span>&#8221; means the <span class=\"dictionary\">domesticating business trust<\/span> as it continues in existence after a <span class=\"dictionary\">domestication<\/span>.\n\t\t&#8220;<span class=\"dictionary\">Domesticating business trust<\/span>&#8221; means the <span class=\"dictionary\">domestic business trust<\/span> that approves a plan of <span class=\"dictionary\">domestication<\/span> pursuant to \u00a7&nbsp;<a class=\"law\" title=\"Action on plan of domestication by a domestic business trust\" href=\"\/13.1-1267\/\">13.1-1267<\/a> or the <span class=\"dictionary\">foreign business trust<\/span> that approves a <span class=\"dictionary\">domestication<\/span> pursuant to the <span class=\"dictionary\">organic law<\/span> of the <span class=\"dictionary\">foreign business trust<\/span>.\n\t\t&#8220;<span class=\"dictionary\">Domestication<\/span>&#8221; means a transaction pursuant to this article, including <span class=\"dictionary\">domestication<\/span> of a <span class=\"dictionary\">foreign business trust<\/span> as a <span class=\"dictionary\">domestic business trust<\/span> or <span class=\"dictionary\">domestication<\/span> of a <span class=\"dictionary\">domestic business trust<\/span> in another <span class=\"dictionary\">jurisdiction<\/span>, where the other <span class=\"dictionary\">jurisdiction<\/span> authorizes such a transaction even if by another name.\n\t\t&#8220;<span class=\"dictionary\">Domestic entity<\/span>&#8221; means a <span class=\"dictionary\">domestic corporation<\/span>, limited liability company, limited partnership, partnership, or <span class=\"dictionary\">other entity<\/span>.\n\t\t&#8220;<span class=\"dictionary\">Foreign corporation<\/span>&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-603\/\">13.1-603<\/a>.\n\t\t&#8220;<span class=\"dictionary\">Foreign entity<\/span>&#8221; means a <span class=\"dictionary\">foreign business trust<\/span>, corporation, limited liability company, limited partnership, partnership, or <span class=\"dictionary\">other entity<\/span>.\n\t\t&#8220;<span class=\"dictionary\">Foreign limited liability company<\/span>&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;<span class=\"dictionary\">Foreign limited partnership<\/span>&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/50-73.1\/\">50-73.1<\/a>.\n\t\t&#8220;Foreign partnership&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;Limited liability company&#8221; and &#8220;domestic limited liability company&#8221; have the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;Limited partnership&#8221; and &#8220;<span class=\"dictionary\">domestic limited partnership<\/span>&#8221; have the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/50-73.1\/\">50-73.1<\/a>.\n\t\t&#8220;Member&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;Membership interest&#8221; or &#8220;interest&#8221; has the same meaning specified in \u00a7&nbsp;<a class=\"law\" title=\"Definitions\" href=\"\/13.1-1002\/\">13.1-1002<\/a>.\n\t\t&#8220;<span class=\"dictionary\">Other entity<\/span>&#8221; means a domestic real estate investment trust or <span class=\"dictionary\">common law<\/span> trust.\n\t\t&#8220;Partnership&#8221; and &#8220;<span class=\"dictionary\">domestic partnership<\/span>&#8221; mean an association of two or more <span class=\"dictionary\">persons<\/span> to carry on as co-owners a business for profit formed under \u00a7&nbsp;<a class=\"law\" title=\"Formation of partnership\" href=\"\/50-73.88\/\">50-73.88<\/a>, or predecessor law of this Commonwealth, and includes, for all purposes of the <span class=\"dictionary\">laws<\/span> of this Commonwealth, a <span class=\"dictionary\">registered limited liability partnership<\/span>.\n\t\t&#8220;<span class=\"dictionary\">Resulting entity<\/span>&#8221; means the domestic limited liability company or business trust that is in existence upon consummation of an <span class=\"dictionary\">entity conversion<\/span> pursuant to this article.\n\t\t&#8220;<span class=\"dictionary\">Surviving entity<\/span>&#8221; means the <span class=\"dictionary\">domestic business trust<\/span> that is in existence upon consummation of a <span class=\"dictionary\">domestication<\/span> pursuant to this article.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 13.1-1264)\n\nAs used in this article, unless the context requires a different meaning:\n\t\t&#8220;Articles of organization&#8221; has the same meaning specified in \u00a7\n13.1-1002.\n\t\t&#8220;Converting entity&#8221; means the domestic or foreign business trust,\ncorporation, limited liability company, limited partnership, partnership, or\nother entity that adopts a plan of domestication or plan of entity conversion\npursuant to this article.\n\t\t&#8220;Corporation&#8221; and &#8220;domestic corporation&#8221; have the same\nmeaning specified in \u00a7 13.1-603.\n\t\t&#8220;Domesticated business trust&#8221; means the domesticating business\ntrust as it continues in existence after a domestication.\n\t\t&#8220;Domesticating business trust&#8221; means the domestic business trust\nthat approves a plan of domestication pursuant to \u00a7 13.1-1267 or the foreign\nbusiness trust that approves a domestication pursuant to the organic law of the\nforeign business trust.\n\t\t&#8220;Domestication&#8221; means a transaction pursuant to this article,\nincluding domestication of a foreign business trust as a domestic business trust\nor domestication of a domestic business trust in another jurisdiction, where the\nother jurisdiction authorizes such a transaction even if by another name.\n\t\t&#8220;Domestic entity&#8221; means a domestic corporation, limited liability\ncompany, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign corporation&#8221; has the same meaning specified in \u00a7\n13.1-603.\n\t\t&#8220;Foreign entity&#8221; means a foreign business trust, corporation,\nlimited liability company, limited partnership, partnership, or other entity.\n\t\t&#8220;Foreign limited liability company&#8221; has the same meaning specified\nin \u00a7 13.1-1002.\n\t\t&#8220;Foreign limited partnership&#8221; has the same meaning specified in \u00a7\n50-73.1.\n\t\t&#8220;Foreign partnership&#8221; has the same meaning specified in \u00a7\n13.1-1002.\n\t\t&#8220;Limited liability company&#8221; and &#8220;domestic limited liability\ncompany&#8221; have the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Limited partnership&#8221; and &#8220;domestic limited\npartnership&#8221; have the same meaning specified in \u00a7 50-73.1.\n\t\t&#8220;Member&#8221; has the same meaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Membership interest&#8221; or &#8220;interest&#8221; has the same\nmeaning specified in \u00a7 13.1-1002.\n\t\t&#8220;Other entity&#8221; means a domestic real estate investment trust or\ncommon law trust.\n\t\t&#8220;Partnership&#8221; and &#8220;domestic partnership&#8221; mean an\nassociation of two or more persons to carry on as co-owners a business for\nprofit formed under \u00a7 50-73.88, or predecessor law of this Commonwealth, and\nincludes, for all purposes of the laws of this Commonwealth, a registered\nlimited liability partnership.\n\t\t&#8220;Resulting entity&#8221; means the domestic limited liability company or\nbusiness trust that is in existence upon consummation of an entity conversion\npursuant to this article.\n\t\t&#8220;Surviving entity&#8221; means the domestic business trust that is in\nexistence upon consummation of a domestication pursuant to this article.\n\nHISTORY: 2002, c. 621; 2016, c. 288; 2021, Sp. Sess. I, c. 487.","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}}