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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>76794</law_id><section_number>13.1-1212</section_number><catch_line>Articles of trust</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>13.1-1201</reference><reference>13.1-1266</reference><reference>13.1-722.10</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="14">Virginia Business Trust Act</unit><unit label="article" level="3" order_by="1" identifier="2">Formation</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> The <span class="dictionary">articles of trust</span> shall set forth: <a id="paragraph-275741" class="section-permalink" href="https://vacode.org/13.1-1212/#A"><i class="fa fa-link"/></a></p></section>
						<section id="A1" class="indent-1"><p><span class="prefix-number">1.</span> A name for the <span class="dictionary">business trust</span> that satisfies the requirements of &#xA7; <a class="law" title="Name" href="/13.1-1214/">13.1-1214</a>; <a id="paragraph-275742" class="section-permalink" href="https://vacode.org/13.1-1212/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">2.</span> The post office address, including the street and number, if any, of the <span class="dictionary">business trust</span>&#x2019;s initial registered office, the name of the city or county in which it is located, the name of its initial registered agent at that office, and that the agent is either (i) an individual who is a resident of this Commonwealth and is a <span class="dictionary">trustee</span> or officer of the <span class="dictionary">business trust</span>, an officer or director of a corporation that is a <span class="dictionary">trustee</span> of the <span class="dictionary">business trust</span>, a general partner of a general or limited partnership that is a <span class="dictionary">trustee</span> of the <span class="dictionary">business trust</span>, a member or manager of a limited liability company that is a <span class="dictionary">trustee</span> of the <span class="dictionary">business trust</span>, a <span class="dictionary">trustee</span> of a <span class="dictionary">business trust</span> or other trust that is a <span class="dictionary">trustee</span> of the <span class="dictionary">business trust</span>, or a member of the Virginia State Bar or (ii) a domestic or <span class="dictionary">foreign</span> stock or nonstock corporation, limited liability company, <span class="dictionary">registered limited liability partnership</span>, or <span class="dictionary">business trust</span> authorized to transact business in this Commonwealth; and <a id="paragraph-275743" class="section-permalink" href="https://vacode.org/13.1-1212/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="A3" class="indent-1"><p><span class="prefix-number">3.</span> The post office address, including the street and number, if any, of the principal office of the <span class="dictionary">business trust</span>, which may be the same as the registered office, but need not be within this Commonwealth. <a id="paragraph-275744" class="section-permalink" href="https://vacode.org/13.1-1212/#A3"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The <span class="dictionary">articles of trust</span> may set forth any other matter that under this chapter is permitted to be set forth in a <span class="dictionary">governing instrument</span> of a <span class="dictionary">business trust</span>. <a id="paragraph-275745" class="section-permalink" href="https://vacode.org/13.1-1212/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> The <span class="dictionary">articles of trust</span> need not set forth any of the powers enumerated in this chapter. <a id="paragraph-275746" class="section-permalink" href="https://vacode.org/13.1-1212/#C"><i class="fa fa-link"/></a></p></section>
						<section id="D"><p><span class="prefix-number">D.</span> If the <span class="dictionary">Commission</span> finds that the <span class="dictionary">articles of trust</span> comply with the requirements of <span class="dictionary">law</span> and that all required fees have been paid, it shall <span class="dictionary">issue</span> a certificate of trust. <a id="paragraph-275747" class="section-permalink" href="https://vacode.org/13.1-1212/#D"><i class="fa fa-link"/></a></p></section></text><history>2002, c. 621; 2021, Sp. Sess. I, c. 487.</history><metadata></metadata></law>
