{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-722.12_1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-722.12_1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-722.12_1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-722.12_1.html"}],"law_id":58933,"edition_id":1,"section_id":58933,"structure_id":15470,"section_number":"13.1-722.12:1","catch_line":"Amendment of plan of conversion; abandonment","history":"2019, c. 734; 2021, Sp. Sess. I, c. 487.","full_text":"A\n\nA plan of conversion of a converting entity that is a domestic corporation may be amended:1\n\nIn the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or2\n\nIn the manner provided in the plan, except that shareholders that were entitled to vote on or consent to approval of the plan are entitled to vote on or consent to any amendment of the plan that will change:\n\t\t\t\ta. The amount or kind of eligible interests or other securities, obligations, rights to acquire eligible interests or other securities, cash, other property, or any combination of the foregoing, to be received by any of the shareholders of the converting corporation under the plan;\n\t\t\t\tb. The organic rules of the converted entity that will be in effect immediately after the conversion becomes effective, except for changes that do not require approval of the eligible interest holders of the converted entity under its organic law or organic rules; or\n\t\t\t\tc. Any other terms or conditions of the plan, if the change would adversely affect such shareholders in any material respect.B\n\nUnless otherwise provided in the plan of conversion, after the plan of conversion has been approved by a converting entity that is a domestic corporation in the manner required by this article and at any time before the certificate of conversion has become effective, the plan may be abandoned by the corporation without action by its shareholders in accordance with any procedures set forth in the plan or, if no such procedures are set forth in the plan, in the manner determined by the board of directors.C\n\nA converting entity that is a foreign eligible entity may abandon its conversion to a domestic corporation in the manner prescribed by its organic law.D\n\nIf a conversion is abandoned after articles of conversion have been filed with the Commission but before the certificate of conversion has become effective, a statement of abandonment shall be signed on behalf of the converting domestic corporation or foreign eligible entity and delivered to the Commission for filing prior to the effective time and date of the certificate of conversion. If the Commission finds that the statement of abandonment complies with the requirements of law, it shall issue a certificate of abandonment, effective as of the date and time the statement of abandonment was received by the Commission, and the conversion shall be deemed abandoned and shall not become effective.E\n\nThe statement of abandonment shall contain:1\n\nThe name of the converting entity and its jurisdiction of formation and entity type;2\n\nWhen the converting entity is a foreign eligible entity, the name of the converted entity set forth in the articles of conversion;3\n\nThe date on which the articles of conversion were filed with the Commission;4\n\nThe date and time on which the Commission’s certificate of conversion becomes effective; and5\n\nA statement that the conversion is being abandoned in accordance with this section or, when the converting entity is a foreign eligible entity, a statement that the foreign eligible entity abandoned the conversion as required by its organic law.","order_by":null,"text":{"0":{"id":216114,"text":"A plan of conversion of a converting entity that is a domestic corporation may be amended:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":216115,"text":"In the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":216116,"text":"In the manner provided in the plan, except that shareholders that were entitled to vote on or consent to approval of the plan are entitled to vote on or consent to any amendment of the plan that will change:\n\t\t\t\ta. The amount or kind of eligible interests or other securities, obligations, rights to acquire eligible interests or other securities, cash, other property, or any combination of the foregoing, to be received by any of the shareholders of the converting corporation under the plan;\n\t\t\t\tb. The organic rules of the converted entity that will be in effect immediately after the conversion becomes effective, except for changes that do not require approval of the eligible interest holders of the converted entity under its organic law or organic rules; or\n\t\t\t\tc. Any other terms or conditions of the plan, if the change would adversely affect such shareholders in any material respect.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"B"},"3":{"id":216117,"text":"Unless otherwise provided in the plan of conversion, after the plan of conversion has been approved by a converting entity that is a domestic corporation in the manner required by this article and at any time before the certificate of conversion has become effective, the plan may be abandoned by the corporation without action by its shareholders in accordance with any procedures set forth in the plan or, if no such procedures are set forth in the plan, in the manner determined by the board of directors.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A2","next_prefix":"C"},"4":{"id":216118,"text":"A converting entity that is a foreign eligible entity may abandon its conversion to a domestic corporation in the manner prescribed by its organic law.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"5":{"id":216119,"text":"If a conversion is abandoned after articles of conversion have been filed with the Commission but before the certificate of conversion has become effective, a statement of abandonment shall be signed on behalf of the converting domestic corporation or foreign eligible entity and delivered to the Commission for filing prior to the effective time and date of the certificate of conversion. If the Commission finds that the statement of abandonment complies with the requirements of law, it shall issue a certificate of abandonment, effective as of the date and time the statement of abandonment was received by the Commission, and the conversion shall be deemed abandoned and shall not become effective.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"6":{"id":216120,"text":"The statement of abandonment shall contain:","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D","next_prefix":"E1"},"7":{"id":216121,"text":"The name of the converting entity and its jurisdiction of formation and entity type;","type":"section","prefixes":["E","1"],"prefix":"1","entire_prefix":"E1","prefix_anchor":"E1","level":2,"prior_prefix":"E","next_prefix":"E2"},"8":{"id":216122,"text":"When the converting entity is a foreign eligible entity, the name of the converted entity set forth in the articles of conversion;","type":"section","prefixes":["E","2"],"prefix":"2","entire_prefix":"E2","prefix_anchor":"E2","level":2,"prior_prefix":"E1","next_prefix":"E3"},"9":{"id":216123,"text":"The date on which the articles of conversion were filed with the Commission;","type":"section","prefixes":["E","3"],"prefix":"3","entire_prefix":"E3","prefix_anchor":"E3","level":2,"prior_prefix":"E2","next_prefix":"E4"},"10":{"id":216124,"text":"The date and time on which the Commission’s certificate of conversion becomes effective; and","type":"section","prefixes":["E","4"],"prefix":"4","entire_prefix":"E4","prefix_anchor":"E4","level":2,"prior_prefix":"E3","next_prefix":"E5"},"11":{"id":216125,"text":"A statement that the conversion is being abandoned in accordance with this section or, when the converting entity is a foreign eligible entity, a statement that the foreign eligible entity abandoned the conversion as required by its organic law.","type":"section","prefixes":["E","5"],"prefix":"5","entire_prefix":"E5","prefix_anchor":"E5","level":2,"prior_prefix":"E4"}},"ancestry":[{"id":15470,"edition_id":1,"name":"Conversion","identifier":"12.2","label":"article","depth":3,"order_by":1,"parent_id":12983,"metadata":{},"date_created":"2026-06-26 03:55:17","date_modified":"2026-06-26 03:55:17","permalink":{"id":150433,"object_type":"structure","relational_id":15470,"identifier":"12.2","token":"13.1\/9\/12.2","url":"\/13.1\/9\/12.2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12983,"edition_id":1,"name":"Virginia Stock Corporation Act","identifier":"9","label":"chapter","depth":2,"order_by":1,"parent_id":12744,"metadata":{},"date_created":"2026-06-26 03:44:06","date_modified":"2026-06-26 03:44:06","permalink":{"id":150163,"object_type":"structure","relational_id":12983,"identifier":"9","token":"13.1\/9","url":"\/13.1\/9\/","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":80556,"structure_id":15470,"section_number":"13.1-722.10","catch_line":"Plan of conversion","url":"\/13.1-722.10\/","token":"13.1\/9\/12.2\/13.1-722.10","metadata":false},{"id":65437,"structure_id":15470,"section_number":"13.1-722.11","catch_line":"Action on plan of conversion","url":"\/13.1-722.11\/","token":"13.1\/9\/12.2\/13.1-722.11","metadata":false},{"id":65609,"structure_id":15470,"section_number":"13.1-722.12","catch_line":"Articles of conversion; effectiveness","url":"\/13.1-722.12\/","token":"13.1\/9\/12.2\/13.1-722.12","metadata":false},{"id":58933,"structure_id":15470,"section_number":"13.1-722.12:1","catch_line":"Amendment of plan of conversion; abandonment","url":"\/13.1-722.12_1\/","token":"13.1\/9\/12.2\/13.1-722.12_1","metadata":false},{"id":78756,"structure_id":15470,"section_number":"13.1-722.13","catch_line":"Effect of conversion","url":"\/13.1-722.13\/","token":"13.1\/9\/12.2\/13.1-722.13","metadata":false},{"id":68085,"structure_id":15470,"section_number":"13.1-722.14","catch_line":"Repealed","url":"\/13.1-722.14\/","token":"13.1\/9\/12.2\/13.1-722.14","metadata":false},{"id":86100,"structure_id":15470,"section_number":"13.1-722.8","catch_line":"Definitions","url":"\/13.1-722.8\/","token":"13.1\/9\/12.2\/13.1-722.8","metadata":false},{"id":60436,"structure_id":15470,"section_number":"13.1-722.9","catch_line":"Conversion","url":"\/13.1-722.9\/","token":"13.1\/9\/12.2\/13.1-722.9","metadata":false}],"previous_section":{"id":65609,"structure_id":15470,"section_number":"13.1-722.12","catch_line":"Articles of conversion; effectiveness","url":"\/13.1-722.12\/","token":"13.1\/9\/12.2\/13.1-722.12","metadata":false},"next_section":{"id":78756,"structure_id":15470,"section_number":"13.1-722.13","catch_line":"Effect of conversion","url":"\/13.1-722.13\/","token":"13.1\/9\/12.2\/13.1-722.13","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-722.12:1\/","history_text":"

This law was first created in 2019. The record of its establishment is cataloged in chapter 734<\/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":false,"refers_to":false,"permalink":{"id":150447,"object_type":"law","relational_id":58933,"identifier":"13.1-722.12:1","token":"13.1\/9\/12.2\/13.1-722.12_1","url":"\/13.1-722.12_1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-722.12_1\/","token":"13.1\/9\/12.2\/13.1-722.12_1","dublin_core":{"Title":"Amendment of plan of conversion; abandonment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-722.12:1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A plan of conversion<\/span> of a converting entity<\/span> that is a domestic corporation<\/span> may be amended: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> In the same manner as the plan was approved, if the plan does not provide for the manner in which it may be amended; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> In the manner provided in the plan, except that shareholders<\/span> that were entitled to vote on or consent to approval of the plan are entitled to vote on or consent to any amendment of the plan that will change:\n\t\t\t\ta. The amount or kind of eligible interests<\/span> or other securities, obligations, rights to acquire eligible interests<\/span> or other securities, cash, other property, or any combination of the foregoing, to be received by any of the shareholders<\/span> of the converting corporation under the plan;\n\t\t\t\tb. The organic rules<\/span> of the converted entity<\/span> that will be in effect immediately after the conversion<\/span> becomes effective, except for changes that do not require approval of the eligible interest holders<\/span> of the converted entity<\/span> under its organic law<\/span> or organic rules<\/span>; or\n\t\t\t\tc. Any other terms or conditions of the plan, if the change would adversely affect such shareholders<\/span> in any material<\/span> respect. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Unless otherwise provided in the plan of conversion<\/span>, after the plan of conversion<\/span> has been approved by a converting entity<\/span> that is a domestic corporation<\/span> in the manner required by this article and at any time before the certificate of conversion<\/span> has become effective, the plan may be abandoned by the corporation without action by its shareholders<\/span> in accordance with any procedures set forth in the plan or, if no such procedures are set forth in the plan, in the manner determined by the board of directors. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A converting entity<\/span> that is a foreign eligible entity<\/span> may abandon its conversion<\/span> to a domestic corporation<\/span> in the manner prescribed by its organic law<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> If a conversion<\/span> is abandoned after articles of conversion<\/span> have been filed with the Commission<\/span> but before the certificate of conversion<\/span> has become effective, a statement of abandonment shall be signed on behalf of the converting domestic corporation<\/span> or foreign eligible entity<\/span> and delivered to the Commission<\/span> for filing prior to the effective time and date of the certificate of conversion<\/span>. If the Commission<\/span> finds that the statement of abandonment complies with the requirements of law, it shall issue<\/span> a certificate of abandonment, effective as of the date and time the statement of abandonment was received by the Commission<\/span>, and the conversion<\/span> shall be deemed abandoned and shall not become effective. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> The statement of abandonment shall contain: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The name of the converting entity<\/span> and its jurisdiction of formation<\/span> and entity type; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> When the converting entity<\/span> is a foreign eligible entity<\/span>, the name of the converted entity<\/span> set forth in the articles of conversion<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The date on which the articles of conversion<\/span> were filed with the Commission<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> The date and time on which the Commission<\/span>’s certificate of conversion<\/span> becomes effective; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> A statement that the conversion<\/span> is being abandoned in accordance with this section or, when the converting entity<\/span> is a foreign eligible entity<\/span>, a statement that the foreign eligible entity<\/span> abandoned the conversion<\/span> as required by its organic law<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAMENDMENT OF PLAN OF CONVERSION; ABANDONMENT (\u00a7 13.1-722.12:1)\n\nA. A plan of conversion of a converting entity that is a domestic corporation\nmay be amended:\n\n 1. In the same manner as the plan was approved, if the plan does not provide\n for the manner in which it may be amended; or\n\n 2. In the manner provided in the plan, except that shareholders that were\n entitled to vote on or consent to approval of the plan are entitled to vote on\n or consent to any amendment of the plan that will change:\n \t\t\t\ta. The amount or kind of eligible interests or other securities,\n obligations, rights to acquire eligible interests or other securities, cash,\n other property, or any combination of the foregoing, to be received by any of\n the shareholders of the converting corporation under the plan;\n \t\t\t\tb. The organic rules of the converted entity that will be in effect\n immediately after the conversion becomes effective, except for changes that do\n not require approval of the eligible interest holders of the converted entity\n under its organic law or organic rules; or\n \t\t\t\tc. Any other terms or conditions of the plan, if the change would\n adversely affect such shareholders in any material respect.\n\nB. Unless otherwise provided in the plan of conversion, after the plan of\nconversion has been approved by a converting entity that is a domestic\ncorporation in the manner required by this article and at any time before the\ncertificate of conversion has become effective, the plan may be abandoned by the\ncorporation without action by its shareholders in accordance with any procedures\nset forth in the plan or, if no such procedures are set forth in the plan, in\nthe manner determined by the board of directors.\n\nC. A converting entity that is a foreign eligible entity may abandon its\nconversion to a domestic corporation in the manner prescribed by its organic\nlaw.\n\nD. If a conversion is abandoned after articles of conversion have been filed\nwith the Commission but before the certificate of conversion has become\neffective, a statement of abandonment shall be signed on behalf of the\nconverting domestic corporation or foreign eligible entity and delivered to the\nCommission for filing prior to the effective time and date of the certificate of\nconversion. If the Commission finds that the statement of abandonment complies\nwith the requirements of law, it shall issue a certificate of abandonment,\neffective as of the date and time the statement of abandonment was received by\nthe Commission, and the conversion shall be deemed abandoned and shall not\nbecome effective.\n\nE. The statement of abandonment shall contain:\n\n 1. The name of the converting entity and its jurisdiction of formation and\n entity type;\n\n 2. When the converting entity is a foreign eligible entity, the name of the\n converted entity set forth in the articles of conversion;\n\n 3. The date on which the articles of conversion were filed with the\n Commission;\n\n 4. The date and time on which the Commission’s certificate of conversion\n becomes effective; and\n\n 5. A statement that the conversion is being abandoned in accordance with this\n section or, when the converting entity is a foreign eligible entity, a\n statement that the foreign eligible entity abandoned the conversion as\n required by its organic law.\n\nHISTORY: 2019, c. 734; 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}}