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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>71316</law_id><section_number>13.1-1070</section_number><catch_line>Merger</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-1069.1</reference><reference>13.1-1099.17</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="1" identifier="12">Virginia Limited Liability Company Act</unit><unit label="article" level="3" order_by="1" identifier="13">Merger</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> One or more domestic limited liability companies may merge with one or more domestic or foreign limited liability companies or other business entities pursuant to a plan of <span class="dictionary">merger</span>. <a id="paragraph-257075" class="section-permalink" href="https://vacode.org/13.1-1070/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> A <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> or <span class="dictionary">other business entity</span> may be a <span class="dictionary">party to a merger</span> with a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> only if the merger is permitted by the <span class="dictionary">laws</span> under which the <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> or <span class="dictionary">other business entity</span> is organized, formed, or incorporated. <a id="paragraph-257076" class="section-permalink" href="https://vacode.org/13.1-1070/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> The plan of merger shall include: <a id="paragraph-257077" class="section-permalink" href="https://vacode.org/13.1-1070/#C"><i class="fa fa-link"/></a></p></section>
						<section id="C1" class="indent-1"><p><span class="prefix-number">1.</span> The name and entity type of each domestic or <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> or <span class="dictionary">other business entity</span> that will merge and the name of the domestic or <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> or <span class="dictionary">other business entity</span> that will be the <span class="dictionary">survivor</span> of the merger; <a id="paragraph-257078" class="section-permalink" href="https://vacode.org/13.1-1070/#C1"><i class="fa fa-link"/></a></p></section>
						<section id="C2" class="indent-1"><p><span class="prefix-number">2.</span> The name of the state or other <span class="dictionary">jurisdiction</span> under whose <span class="dictionary">law</span> each party to the merger is organized, formed, or incorporated; <a id="paragraph-257079" class="section-permalink" href="https://vacode.org/13.1-1070/#C2"><i class="fa fa-link"/></a></p></section>
						<section id="C3" class="indent-1"><p><span class="prefix-number">3.</span> The terms and conditions of the merger; <a id="paragraph-257080" class="section-permalink" href="https://vacode.org/13.1-1070/#C3"><i class="fa fa-link"/></a></p></section>
						<section id="C4" class="indent-1"><p><span class="prefix-number">4.</span> The manner and basis of converting the <span class="dictionary">membership interests</span> of each merging domestic or <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> and eligible interests of each merging domestic or foreign <span class="dictionary">other business entity</span> into <span class="dictionary">membership interests</span>, eligible interests, or other securities, obligations, rights to acquire <span class="dictionary">membership interests</span>, eligible interests, or other securities, cash, or other <span class="dictionary">property</span>, or any combination of the foregoing; <a id="paragraph-257081" class="section-permalink" href="https://vacode.org/13.1-1070/#C4"><i class="fa fa-link"/></a></p></section>
						<section id="C5" class="indent-1"><p><span class="prefix-number">5.</span> The manner and basis of converting any rights to acquire the <span class="dictionary">membership interests</span> of each merging domestic or <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span> and eligible interests of each merging domestic or foreign <span class="dictionary">other business entity</span> into <span class="dictionary">membership interests</span>, eligible interests, or other securities, obligations, rights to acquire <span class="dictionary">membership interests</span>, eligible interests, or other securities, cash, or other <span class="dictionary">property</span>, or any combination of the foregoing; <a id="paragraph-257082" class="section-permalink" href="https://vacode.org/13.1-1070/#C5"><i class="fa fa-link"/></a></p></section>
						<section id="C6" class="indent-1"><p><span class="prefix-number">6.</span> When the <span class="dictionary">survivor</span> is a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span>, any amendments to its <span class="dictionary">articles of organization</span>, which may be in the form of amended and restated <span class="dictionary">articles of organization</span>; and <a id="paragraph-257083" class="section-permalink" href="https://vacode.org/13.1-1070/#C6"><i class="fa fa-link"/></a></p></section>
						<section id="C7" class="indent-1"><p><span class="prefix-number">7.</span> Any other provisions required by the <span class="dictionary">laws</span> under which any party to the merger is organized or by which it is governed, or by the <span class="dictionary">articles of organization</span> or other organizational document of any party. <a id="paragraph-257084" class="section-permalink" href="https://vacode.org/13.1-1070/#C7"><i class="fa fa-link"/></a></p></section>
						<section id="D"><p><span class="prefix-number">D.</span> The plan of merger may also include a provision that the plan may be amended before the effective time and date of the certificate of merger, but if the <span class="dictionary">members</span> of a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> that is a party to the merger are required by any provision of this chapter to approve the plan, the plan may not be amended after approval of the plan by the <span class="dictionary">members</span> to change any of the following, unless the amendment is approved by the <span class="dictionary">members</span>: <a id="paragraph-257085" class="section-permalink" href="https://vacode.org/13.1-1070/#D"><i class="fa fa-link"/></a></p></section>
						<section id="D1" class="indent-1"><p><span class="prefix-number">1.</span> The amount or kind of eligible interests or other securities, obligations, rights to acquire eligible interests, or other securities, cash, or other <span class="dictionary">property</span> to be received by the <span class="dictionary">members</span>, shareholders, or holders of eligible interests in any party to the merger; <a id="paragraph-257086" class="section-permalink" href="https://vacode.org/13.1-1070/#D1"><i class="fa fa-link"/></a></p></section>
						<section id="D2" class="indent-1"><p><span class="prefix-number">2.</span> The <span class="dictionary">articles of organization</span> of any domestic or <span class="dictionary">foreign <span class="dictionary">limited liability company</span></span>, the articles of incorporation of any domestic or foreign stock or nonstock corporation, the articles of trust or governing instrument of any domestic or <span class="dictionary">foreign business trust</span>, the certificate of limited partnership of any domestic or <span class="dictionary">foreign limited partnership</span>, or the partnership agreement of any domestic or <span class="dictionary">foreign partnership</span> that will survive the merger; or <a id="paragraph-257087" class="section-permalink" href="https://vacode.org/13.1-1070/#D2"><i class="fa fa-link"/></a></p></section>
						<section id="D3" class="indent-1"><p><span class="prefix-number">3.</span> Any of the other terms or conditions of the plan if the change would adversely affect the <span class="dictionary">members</span> in any <span class="dictionary">material</span> respect. <a id="paragraph-257088" class="section-permalink" href="https://vacode.org/13.1-1070/#D3"><i class="fa fa-link"/></a></p></section></text><history>1992, c. 575; 1997, c. 190; 2003, c. 340; 2004, c. 601; 2005, c. 765; 2008, c. 108; 2016, c. 288.</history><metadata></metadata></law>
