{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1269.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1269.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1269.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1269.html"}],"law_id":69025,"edition_id":1,"section_id":69025,"structure_id":14540,"section_number":"13.1-1269","catch_line":"Surrender of articles of trust upon domestication","history":"2002, c. 621.","full_text":"A\n\nWhenever a domestic business trust has adopted and approved, in the manner required by this article, a plan of domestication providing for the business trust to be domesticated under the laws of another jurisdiction, the business trust shall file with the Commission articles of trust surrender setting forth:1\n\nThe name of the business trust;2\n\nThe business trust’s new jurisdiction of formation;3\n\nThe business trust’s new entity type, if any;4\n\nThe plan of domestication;5\n\nA statement that the articles of trust surrender are being filed in connection with the domestication of the business trust as a foreign entity to be formed under the laws of another jurisdiction and that the business trust is surrendering its charter under the laws of this Commonwealth;6\n\nA statement that the plan was adopted by the business trust in accordance with § 13.1-1267;7\n\nA statement that the domestic business trust revokes the authority of its registered agent to accept service on its behalf and appoints the clerk of the Commission as its agent for service of process in any proceeding based on a cause of action arising during the time it was formed in this Commonwealth;8\n\nA mailing address to which the clerk may mail a copy of any process served on him under subdivision 7; and9\n\nA commitment to notify the clerk of the Commission in the future of any change in the mailing address of the business trust.B\n\nIf the Commission finds that the articles of trust surrender comply with the requirements of law and that all required fees have been paid, it shall issue a certificate of trust surrender.C\n\nThe business trust shall automatically cease to be a domestic business trust when the certificate of trust surrender becomes effective.D\n\nIf the former domestic business trust intends to continue to transact business in the Commonwealth, then, within thirty days after the effective date of the certificate of trust surrender, it shall deliver to the Commission an application for a certificate of authority to transact business in the Commonwealth pursuant to the applicable provisions of the Code of Virginia for the resulting entity type of the former domestic business trust.","order_by":null,"text":{"0":{"id":249848,"text":"Whenever a domestic business trust has adopted and approved, in the manner required by this article, a plan of domestication providing for the business trust to be domesticated under the laws of another jurisdiction, the business trust shall file with the Commission articles of trust surrender setting forth:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":249849,"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":249850,"text":"The business trust’s new jurisdiction of formation;","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":249851,"text":"The business trust’s new entity type, if any;","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"A4"},"4":{"id":249852,"text":"The plan of domestication;","type":"section","prefixes":["A","4"],"prefix":"4","entire_prefix":"A4","prefix_anchor":"A4","level":2,"prior_prefix":"A3","next_prefix":"A5"},"5":{"id":249853,"text":"A statement that the articles of trust surrender are being filed in connection with the domestication of the business trust as a foreign entity to be formed under the laws of another jurisdiction and that the business trust is surrendering its charter under the laws of this Commonwealth;","type":"section","prefixes":["A","5"],"prefix":"5","entire_prefix":"A5","prefix_anchor":"A5","level":2,"prior_prefix":"A4","next_prefix":"A6"},"6":{"id":249854,"text":"A statement that the plan was adopted by the business trust in accordance with § 13.1-1267;","type":"section","prefixes":["A","6"],"prefix":"6","entire_prefix":"A6","prefix_anchor":"A6","level":2,"prior_prefix":"A5","next_prefix":"A7"},"7":{"id":249855,"text":"A statement that the domestic business trust revokes the authority of its registered agent to accept service on its behalf and appoints the clerk of the Commission as its agent for service of process in any proceeding based on a cause of action arising during the time it was formed in this Commonwealth;","type":"section","prefixes":["A","7"],"prefix":"7","entire_prefix":"A7","prefix_anchor":"A7","level":2,"prior_prefix":"A6","next_prefix":"A8"},"8":{"id":249856,"text":"A mailing address to which the clerk may mail a copy of any process served on him under subdivision 7; and","type":"section","prefixes":["A","8"],"prefix":"8","entire_prefix":"A8","prefix_anchor":"A8","level":2,"prior_prefix":"A7","next_prefix":"A9"},"9":{"id":249857,"text":"A commitment to notify the clerk of the Commission in the future of any change in the mailing address of the business trust.","type":"section","prefixes":["A","9"],"prefix":"9","entire_prefix":"A9","prefix_anchor":"A9","level":2,"prior_prefix":"A8","next_prefix":"B"},"10":{"id":249858,"text":"If the Commission finds that the articles of trust surrender comply with the requirements of law and that all required fees have been paid, it shall issue a certificate of trust surrender.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A9","next_prefix":"C"},"11":{"id":249859,"text":"The business trust shall automatically cease to be a domestic business trust when the certificate of trust surrender becomes effective.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"12":{"id":249860,"text":"If the former domestic business trust intends to continue to transact business in the Commonwealth, then, within thirty days after the effective date of the certificate of trust surrender, it shall deliver to the Commission an application for a certificate of authority to transact business in the Commonwealth pursuant to the applicable provisions of the Code of Virginia for the resulting entity type of the former domestic business trust.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"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 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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 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domestication","url":"\/13.1-1268\/","token":"13.1\/14\/12\/13.1-1268","metadata":false},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1269\/","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.<\/p>","references":[{"id":86667,"section_number":"13.1-1281","catch_line":"Court-ordered inspection","order_by":null,"url":"\/13.1-1281\/"}],"refers_to":[{"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\/"}],"permalink":{"id":149233,"object_type":"law","relational_id":69025,"identifier":"13.1-1269","token":"13.1\/14\/12\/13.1-1269","url":"\/13.1-1269\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1269\/","token":"13.1\/14\/12\/13.1-1269","dublin_core":{"Title":"Surrender of articles of trust upon domestication","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1269","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Whenever a domestic business trust<\/span> has adopted and approved, in the manner required by this article, a plan of domestication<\/span> providing for the business trust to be domesticated under the laws<\/span> of another jurisdiction<\/span>, the business trust shall file with the Commission<\/span> articles of trust<\/span> surrender setting forth: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

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

2.<\/span> The business trust’s new jurisdiction of formation<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The business trust’s new entity<\/span> type, if any; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The plan of domestication<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> A statement that the articles of trust<\/span> surrender are being filed in connection with the domestication<\/span> of the business trust as a foreign entity<\/span> to be formed under the laws<\/span> of another jurisdiction and that the business trust is surrendering its charter under the laws<\/span> of this Commonwealth; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> A statement that the plan was adopted by the business trust in accordance with § 13.1-1267<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> A statement that the domestic business trust<\/span> revokes the authority of its registered agent to accept service on its behalf and appoints the clerk of the Commission<\/span> as its agent for service of process<\/span> in any proceeding based on a cause of action<\/span> arising during the time it was formed in this Commonwealth; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> A mailing address to which the clerk may mail a copy of any process served on him under subdivision 7; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> A commitment to notify the clerk of the Commission<\/span> in the future of any change in the mailing address of the business trust. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the Commission<\/span> finds that the articles of trust<\/span> surrender comply with the requirements of law<\/span> and that all required fees have been paid, it shall issue<\/span> a certificate of trust surrender<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> The business trust shall automatically cease to be a domestic business trust<\/span> when the certificate of trust surrender<\/span> becomes effective. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> If the former domestic business trust<\/span> intends to continue to transact business in the Commonwealth, then, within thirty days after the effective date of the certificate of trust surrender<\/span>, it shall deliver to the Commission<\/span> an application for a certificate of authority to transact business in the Commonwealth pursuant to the applicable provisions of the Code of Virginia for the resulting entity<\/span> type of the former domestic business trust<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nSURRENDER OF ARTICLES OF TRUST UPON DOMESTICATION (\u00a7 13.1-1269)\n\nA. Whenever a domestic business trust has adopted and approved, in the manner\nrequired by this article, a plan of domestication providing for the business\ntrust to be domesticated under the laws of another jurisdiction, the business\ntrust shall file with the Commission articles of trust surrender setting forth:\n\n 1. The name of the business trust;\n\n 2. The business trust’s new jurisdiction of formation;\n\n 3. The business trust’s new entity type, if any;\n\n 4. The plan of domestication;\n\n 5. A statement that the articles of trust surrender are being filed in\n connection with the domestication of the business trust as a foreign entity to\n be formed under the laws of another jurisdiction and that the business trust\n is surrendering its charter under the laws of this Commonwealth;\n\n 6. A statement that the plan was adopted by the business trust in accordance\n with § 13.1-1267;\n\n 7. A statement that the domestic business trust revokes the authority of its\n registered agent to accept service on its behalf and appoints the clerk of the\n Commission as its agent for service of process in any proceeding based on a\n cause of action arising during the time it was formed in this Commonwealth;\n\n 8. A mailing address to which the clerk may mail a copy of any process served\n on him under subdivision 7; and\n\n 9. A commitment to notify the clerk of the Commission in the future of any\n change in the mailing address of the business trust.\n\nB. If the Commission finds that the articles of trust surrender comply with the\nrequirements of law and that all required fees have been paid, it shall issue a\ncertificate of trust surrender.\n\nC. The business trust shall automatically cease to be a domestic business trust\nwhen the certificate of trust surrender becomes effective.\n\nD. If the former domestic business trust intends to continue to transact\nbusiness in the Commonwealth, then, within thirty days after the effective date\nof the certificate of trust surrender, it shall deliver to the Commission an\napplication for a certificate of authority to transact business in the\nCommonwealth pursuant to the applicable provisions of the Code of Virginia for\nthe resulting entity type of the former domestic business trust.\n\nHISTORY: 2002, c. 621.","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}}