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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>70548</law_id><section_number>13.1-1082</section_number><catch_line>Entity conversion</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><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 id="A"><p><span class="prefix-number">A.</span> A <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> may become a <span class="dictionary">domestic stock corporation</span> or a <span class="dictionary">domestic business trust</span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is approved by the <span class="dictionary">limited liability company</span> in accordance with the provisions of this article. <a id="paragraph-254566" class="section-permalink" href="https://vacode.org/13.1-1082/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> A <span class="dictionary">domestic stock corporation</span> may become a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is adopted and approved by the corporation in accordance with the provisions of Article 12.2 (&#xA7; <a class="law" title="Definitions" href="/13.1-722.8/">13.1-722.8</a> et seq.) of Chapter 9. <a id="paragraph-254567" class="section-permalink" href="https://vacode.org/13.1-1082/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> A <span class="dictionary">domestic nonstock corporation</span> may become a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is adopted and approved by the corporation in accordance with the provisions of Article 17.1 (&#xA7; <a class="law" title="Definitions" href="/13.1-944.1/">13.1-944.1</a> et seq.) of Chapter 10. <a id="paragraph-254568" class="section-permalink" href="https://vacode.org/13.1-1082/#C"><i class="fa fa-link"/></a></p></section>
						<section id="D"><p><span class="prefix-number">D.</span> A <span class="dictionary">domestic business trust</span> may become a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is approved by the business trust in accordance with the provisions of Article 12 (&#xA7; <a class="law" title="Definitions" href="/13.1-1264/">13.1-1264</a> et seq.) of Chapter 14. <a id="paragraph-254569" class="section-permalink" href="https://vacode.org/13.1-1082/#D"><i class="fa fa-link"/></a></p></section>
						<section id="E"><p><span class="prefix-number">E.</span> Unless otherwise provided for in Chapter 2.2 (&#xA7; <a class="law" title="Definitions" href="/50-73.79/">50-73.79</a> et seq.) of Title 50, a <span class="dictionary">domestic partnership</span> that has filed either a statement of partnership authority or a statement of registration as a <span class="dictionary">registered limited liability partnership</span> with the <span class="dictionary">Commission</span> that is not canceled may become a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is approved by the <span class="dictionary">domestic partnership</span> in accordance with the provisions of this article. <a id="paragraph-254570" class="section-permalink" href="https://vacode.org/13.1-1082/#E"><i class="fa fa-link"/></a></p></section>
						<section id="F"><p><span class="prefix-number">F.</span> Unless otherwise provided for in Chapter 2.1 (&#xA7; <a class="law" title="Definitions" href="/50-73.1/">50-73.1</a> et seq.) of Title 50, a <span class="dictionary">domestic limited partnership</span> that has filed a <span class="dictionary">certificate of limited partnership</span> with the <span class="dictionary">Commission</span> that is not canceled may become a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> pursuant to a plan of <span class="dictionary">entity conversion</span> that is approved by the <span class="dictionary">domestic limited partnership</span> in accordance with the provisions of this article. <a id="paragraph-254571" class="section-permalink" href="https://vacode.org/13.1-1082/#F"><i class="fa fa-link"/></a></p></section></text><history>2016, c. 288.</history><metadata></metadata></law>
