{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1266.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1266.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1266.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1266.html"}],"law_id":67129,"edition_id":1,"section_id":67129,"structure_id":14540,"section_number":"13.1-1266","catch_line":"Plan of domestication","history":"2002, c. 621; 2012, c. 130.","full_text":"A\n\nThe plan of domestication shall set forth:1\n\nThe name of the state or other jurisdiction under whose laws the domestic business trust or foreign entity is formed, organized, or incorporated;2\n\nA statement of the jurisdiction in which the domestic business trust or foreign entity is to be domesticated;3\n\nThe terms and conditions of the domestication, provided that such terms and conditions may not alter the ownership proportion or the relative rights, preferences and limitations of the interests of the beneficial owners except to the extent required to conform to the requirements of this chapter; and4\n\nFor a foreign entity that is to become a domestic business trust, as a referenced attachment, the amended and restated articles of trust that comply with § 13.1-1212 as they will be in effect upon consummation of the domestication.B\n\nThe plan of domestication may include any other provision relating to the domestication.C\n\nThe plan of domestication may also include a provision that the management of the converting entity may amend the plan at any time prior to issuance of the certificate of domestication or such other document required by the laws of the other jurisdiction to consummate the domestication. An amendment made subsequent to the submission of the plan to the beneficial owners of the foreign entity, if required, shall not alter or change any of the terms or conditions of the plan if the change would adversely affect the interests of the beneficial owners.","order_by":null,"text":{"0":{"id":243285,"text":"The plan of domestication shall set forth:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":243286,"text":"The name of the state or other jurisdiction under whose laws the domestic business trust or foreign entity is formed, organized, or incorporated;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":243287,"text":"A statement of the jurisdiction in which the domestic business trust or foreign entity is to be domesticated;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":243288,"text":"The terms and conditions of the domestication, provided that such terms and conditions may not alter the ownership proportion or the relative rights, preferences and limitations of the interests of the beneficial owners except to the extent required to conform to the requirements of this chapter; and","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":243289,"text":"For a foreign entity that is to become a domestic business trust, as a referenced attachment, the amended and restated articles of trust that comply with § 13.1-1212 as they will be in effect upon consummation of the domestication.","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"B"},"5":{"id":243290,"text":"The plan of domestication may include any other provision relating to the domestication.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A4","next_prefix":"C"},"6":{"id":243291,"text":"The plan of domestication may also include a provision that the management of the converting entity may amend the plan at any time prior to issuance of the certificate of domestication or such other document required by the laws of the other jurisdiction to consummate the domestication. An amendment made subsequent to the submission of the plan to the beneficial owners of the foreign entity, if required, shall not alter or change any of the terms or conditions of the plan if the change would adversely affect the interests of the beneficial owners.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"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}],"previous_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},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1266\/","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 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 2012, chapter 130<\/a>.<\/p>","references":false,"refers_to":[{"id":76794,"section_number":"13.1-1212","catch_line":"Articles of trust","order_by":null,"url":"\/13.1-1212\/"}],"permalink":{"id":149221,"object_type":"law","relational_id":67129,"identifier":"13.1-1266","token":"13.1\/14\/12\/13.1-1266","url":"\/13.1-1266\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1266\/","token":"13.1\/14\/12\/13.1-1266","dublin_core":{"Title":"Plan of domestication","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1266","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> The plan of domestication<\/span> shall set forth: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The name of the state or other jurisdiction<\/span> under whose laws<\/span> the domestic business trust<\/span> or foreign entity<\/span> is formed, organized, or incorporated; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A statement of the jurisdiction<\/span> in which the domestic business trust<\/span> or foreign entity<\/span> is to be domesticated; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The terms and conditions of the domestication<\/span>, provided that such terms and conditions may not alter the ownership proportion or the relative rights, preferences and limitations of the interests of the beneficial owners<\/span> except to the extent required to conform to the requirements of this chapter; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> For a foreign entity<\/span> that is to become a domestic business trust<\/span>, as a referenced attachment<\/span>, the amended and restated articles of trust<\/span> that comply with § 13.1-1212<\/a> as they will be in effect upon consummation of the domestication<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The plan of domestication<\/span> may include any other provision relating to the domestication<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The plan of domestication<\/span> may also include a provision that the management of the converting entity<\/span> may amend<\/span> the plan at any time prior to issuance of the certificate of domestication<\/span> or such other document required by the laws<\/span> of the other jurisdiction<\/span> to consummate the domestication<\/span>. An amendment made subsequent to the submission of the plan to the beneficial owners<\/span> of the foreign entity<\/span>, if required, shall not alter or change any of the terms or conditions of the plan if the change would adversely affect the interests of the beneficial owners<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nPLAN OF DOMESTICATION (\u00a7 13.1-1266)\n\nA. The plan of domestication shall set forth:\n\n 1. The name of the state or other jurisdiction under whose laws the domestic\n business trust or foreign entity is formed, organized, or incorporated;\n\n 2. A statement of the jurisdiction in which the domestic business trust or\n foreign entity is to be domesticated;\n\n 3. The terms and conditions of the domestication, provided that such terms and\n conditions may not alter the ownership proportion or the relative rights,\n preferences and limitations of the interests of the beneficial owners except\n to the extent required to conform to the requirements of this chapter; and\n\n 4. For a foreign entity that is to become a domestic business trust, as a\n referenced attachment, the amended and restated articles of trust that comply\n with § 13.1-1212 as they will be in effect upon consummation of the\n domestication.\n\nB. The plan of domestication may include any other provision relating to the\ndomestication.\n\nC. The plan of domestication may also include a provision that the management of\nthe converting entity may amend the plan at any time prior to issuance of the\ncertificate of domestication or such other document required by the laws of the\nother jurisdiction to consummate the domestication. An amendment made subsequent\nto the submission of the plan to the beneficial owners of the foreign entity, if\nrequired, shall not alter or change any of the terms or conditions of the plan\nif the change would adversely affect the interests of the beneficial owners.\n\nHISTORY: 2002, c. 621; 2012, c. 130.","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}}