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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>70285</law_id><section_number>13.1-1081</section_number><catch_line>Definitions</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-1002</reference><reference>13.1-1272</reference><reference>13.1-603</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="15">Conversion</unit></structure><text>
						<section><p>As used in this article:
		&#x201C;<span class="dictionary">Articles of incorporation</span>&#x201D; has the same meaning as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/13.1-603/">13.1-603</a>.
		&#x201C;<span class="dictionary">Articles of trust</span>&#x201D; has the same meaning as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/13.1-1201/">13.1-1201</a>.
		&#x201C;<span class="dictionary">Certificate of limited partnership</span>&#x201D; has the same meaning as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/50-73.1/">50-73.1</a>.
		&#x201C;<span class="dictionary">Converting entity</span>&#x201D; means the <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span>, partnership, or limited partnership that adopts a plan of <span class="dictionary">entity conversion</span> pursuant to this article.
		&#x201C;Partnership agreement,&#x201D; as to a limited partnership, has the same meaning as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/50-73.1/">50-73.1</a>, and, as to a partnership, has the same meaning as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/50-73.79/">50-73.79</a>.
		&#x201C;<span class="dictionary">Resulting entity</span>&#x201D; means the <span class="dictionary">domestic stock corporation</span>, business trust, or <span class="dictionary">limited liability company</span> that is in existence upon consummation of an <span class="dictionary">entity conversion</span> pursuant to this article.
		&#x201C;Stock corporation&#x201D; has the same meaning as &#x201C;<span class="dictionary">domestic corporation</span>&#x201D; as specified in &#xA7;&#xA0;<a class="law" title="Definitions" href="/13.1-603/">13.1-603</a>.</p></section></text><history>2016, c. 288.</history><metadata></metadata></law>
