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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>59719</law_id><section_number>13.1-1209</section_number><catch_line>Purposes</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="14">Virginia Business Trust Act</unit><unit label="article" level="3" order_by="1" identifier="2">Formation</unit></structure><text>
						<section><p>Every <span class="dictionary">business trust</span> formed under this chapter has the purpose of engaging in any lawful business, except as otherwise may be provided by the <span class="dictionary">law</span> of this Commonwealth, unless a more limited purpose is set forth in the <span class="dictionary">articles of trust</span>.</p></section></text><history>2002, c. 621.</history><metadata></metadata></law>
