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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>83321</law_id><section_number>13.1-1084</section_number><catch_line>Action on plan of entity conversion</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-1083</reference><reference>13.1-1087</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 id="A"><p><span class="prefix-number">A.</span> In the case of a <span class="dictionary">domestic <span class="dictionary">limited liability company</span></span> that is the <span class="dictionary">converting entity</span>: <a id="paragraph-298538" class="section-permalink" href="https://vacode.org/13.1-1084/#A"><i class="fa fa-link"/></a></p></section>
						<section id="A1" class="indent-1"><p><span class="prefix-number">1.</span> If the <span class="dictionary">limited liability company</span> has <span class="dictionary">members</span>, unless the <span class="dictionary">articles of organization</span> or a written <span class="dictionary">operating agreement</span> of the <span class="dictionary">limited liability company</span> provides otherwise, the <span class="dictionary">members</span> shall approve the plan of <span class="dictionary">entity conversion</span> in the manner provided in the <span class="dictionary">limited liability company</span>&#x2019;s <span class="dictionary">operating agreement</span> for amendments to the <span class="dictionary">operating agreement</span> by the <span class="dictionary">members</span> or, if no provision is made in the <span class="dictionary">operating agreement</span>, by all the <span class="dictionary">members</span>; and <a id="paragraph-298539" class="section-permalink" href="https://vacode.org/13.1-1084/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">2.</span> If the <span class="dictionary">limited liability company</span> has been formed without any <span class="dictionary">members</span> and no <span class="dictionary">members</span> have been admitted, the plan of <span class="dictionary">entity conversion</span> shall be approved by a majority of the <span class="dictionary">persons</span> named as a <span class="dictionary">manager</span> in the <span class="dictionary">articles of organization</span> or, if there are no <span class="dictionary">members</span> or <span class="dictionary"><span class="dictionary">managers</span></span>, by a majority of the organizers of the <span class="dictionary">limited liability company</span>. <a id="paragraph-298540" class="section-permalink" href="https://vacode.org/13.1-1084/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> In the case of a partnership that is a <span class="dictionary">converting entity</span>, unless a written partnership agreement of the partnership provides otherwise, the plan of <span class="dictionary">entity conversion</span> shall be approved by the partners of the partnership in the manner provided in a written partnership agreement for amendments to the partnership agreement by the partners or, if no provision is made in the partnership agreement, by all the partners. <a id="paragraph-298541" class="section-permalink" href="https://vacode.org/13.1-1084/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> In the case of a limited partnership that is a <span class="dictionary">converting entity</span>, unless the <span class="dictionary">certificate of limited partnership</span> or a written partnership agreement of the limited partnership provides otherwise, the plan of <span class="dictionary">entity conversion</span> shall be approved by the partners of the limited partnership in the manner provided in a written partnership agreement for amendments to the partnership agreement by the partners or, if no provision is made in the partnership agreement, by all the partners. <a id="paragraph-298542" class="section-permalink" href="https://vacode.org/13.1-1084/#C"><i class="fa fa-link"/></a></p></section></text><history>2016, c. 288.</history><metadata></metadata></law>
