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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>70667</law_id><section_number>13.1-1275</section_number><catch_line>Articles of 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="14">Virginia Business Trust Act</unit><unit label="article" level="3" order_by="1" identifier="12">Domestication and Conversion</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> After the conversion of a <span class="dictionary">domestic business trust</span> into a domestic limited liability company has been approved as required by this article, the <span class="dictionary">converting entity</span> shall deliver to the <span class="dictionary">Commission</span> for filing articles of <span class="dictionary">entity conversion</span> setting forth: <a id="paragraph-254916" class="section-permalink" href="https://vacode.org/13.1-1275/#A"><i class="fa fa-link"/></a></p></section>
						<section id="A1" class="indent-1"><p><span class="prefix-number">1.</span> The name of the <span class="dictionary">domestic business trust</span> immediately before the filing of the articles of <span class="dictionary">entity conversion</span> and the name of the <span class="dictionary">converting entity</span> upon its conversion to a domestic limited liability company, which shall satisfy the requirements of &#xA7; <a class="law" title="Name" href="/13.1-1012/">13.1-1012</a>; <a id="paragraph-254917" class="section-permalink" href="https://vacode.org/13.1-1275/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">2.</span> The date on which the <span class="dictionary">converting entity</span> was originally organized, formed, or incorporated, and its original name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation, and, for each subsequent change of entity type or <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation made before the filing of the articles of <span class="dictionary">entity conversion</span>, the effective date of the change and the <span class="dictionary">converting entity</span>&#x2019;s name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation upon consummation of the change; <a id="paragraph-254918" class="section-permalink" href="https://vacode.org/13.1-1275/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="A3" class="indent-1"><p><span class="prefix-number">3.</span> The plan of <span class="dictionary">entity conversion</span>, including the full text of the articles of organization of the <span class="dictionary">resulting entity</span> that comply with the requirements of Chapter 12 (&#xA7; <a class="law" title="Short title" href="/13.1-1000/">13.1-1000</a> et seq.), as they will be in effect upon consummation of the conversion; <a id="paragraph-254919" class="section-permalink" href="https://vacode.org/13.1-1275/#A3"><i class="fa fa-link"/></a></p></section>
						<section id="A4" class="indent-1"><p><span class="prefix-number">4.</span> The date the plan of <span class="dictionary">entity conversion</span> was approved; and <a id="paragraph-254920" class="section-permalink" href="https://vacode.org/13.1-1275/#A4"><i class="fa fa-link"/></a></p></section>
						<section id="A5" class="indent-1"><p><span class="prefix-number">5.</span> A statement that the plan of <span class="dictionary">entity conversion</span> was adopted by the business trust in accordance with &#xA7; <a class="law" title="Action on plan of entity conversion" href="/13.1-1274/">13.1-1274</a>. <a id="paragraph-254921" class="section-permalink" href="https://vacode.org/13.1-1275/#A5"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> After the conversion of a <span class="dictionary">domestic partnership</span> or limited partnership into a <span class="dictionary">domestic business trust</span> has been approved as required by this article, the <span class="dictionary">converting entity</span> shall deliver to the <span class="dictionary">Commission</span> for filing articles of <span class="dictionary">entity conversion</span> setting forth: <a id="paragraph-254922" class="section-permalink" href="https://vacode.org/13.1-1275/#B"><i class="fa fa-link"/></a></p></section>
						<section id="B1" class="indent-1"><p><span class="prefix-number">1.</span> The name of the <span class="dictionary">domestic partnership</span> or limited partnership immediately before the filing of the articles of <span class="dictionary">entity conversion</span> and the name of the <span class="dictionary">converting entity</span> upon its conversion to a <span class="dictionary">domestic business trust</span>, which shall satisfy the requirements of this chapter; <a id="paragraph-254923" class="section-permalink" href="https://vacode.org/13.1-1275/#B1"><i class="fa fa-link"/></a></p></section>
						<section id="B2" class="indent-1"><p><span class="prefix-number">2.</span> The date on which the <span class="dictionary">converting entity</span> was originally organized, formed, or incorporated, and its original name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation, and, for each subsequent change of entity type or <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation made before the filing of the articles of <span class="dictionary">entity conversion</span>, the effective date of the change and the <span class="dictionary">converting entity</span>&#x2019;s name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation upon consummation of the change; <a id="paragraph-254924" class="section-permalink" href="https://vacode.org/13.1-1275/#B2"><i class="fa fa-link"/></a></p></section>
						<section id="B3" class="indent-1"><p><span class="prefix-number">3.</span> The plan of <span class="dictionary">entity conversion</span>, including the full text of the <span class="dictionary">articles of trust</span> of the <span class="dictionary">resulting entity</span> that comply with the requirements of this chapter as they will be in effect upon consummation of the conversion; <a id="paragraph-254925" class="section-permalink" href="https://vacode.org/13.1-1275/#B3"><i class="fa fa-link"/></a></p></section>
						<section id="B4" class="indent-1"><p><span class="prefix-number">4.</span> The date the plan of <span class="dictionary">entity conversion</span> was approved; and <a id="paragraph-254926" class="section-permalink" href="https://vacode.org/13.1-1275/#B4"><i class="fa fa-link"/></a></p></section>
						<section id="B5" class="indent-1"><p><span class="prefix-number">5.</span> A statement that the plan of <span class="dictionary">entity conversion</span> was adopted by the partnership or limited partnership in accordance with &#xA7; <a class="law" title="Action on plan of entity conversion" href="/13.1-1274/">13.1-1274</a>. <a id="paragraph-254927" class="section-permalink" href="https://vacode.org/13.1-1275/#B5"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> After the conversion of an <span class="dictionary">other entity</span> into a <span class="dictionary">domestic business trust</span> has been approved as required by this article, the <span class="dictionary">converting entity</span> shall deliver to the <span class="dictionary">Commission</span> for filing articles of <span class="dictionary">entity conversion</span> setting forth: <a id="paragraph-254928" class="section-permalink" href="https://vacode.org/13.1-1275/#C"><i class="fa fa-link"/></a></p></section>
						<section id="C1" class="indent-1"><p><span class="prefix-number">1.</span> The name of the <span class="dictionary">other entity</span> immediately before the filing of the articles of <span class="dictionary">entity conversion</span> and the name of the <span class="dictionary">converting entity</span> upon its conversion to a <span class="dictionary">domestic business trust</span>, which shall satisfy the requirements of this chapter; <a id="paragraph-254929" class="section-permalink" href="https://vacode.org/13.1-1275/#C1"><i class="fa fa-link"/></a></p></section>
						<section id="C2" class="indent-1"><p><span class="prefix-number">2.</span> The date on which the <span class="dictionary">converting entity</span> was originally organized, formed, or incorporated, and its original name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation, and, for each subsequent change of entity type or <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation made before the filing of the articles of <span class="dictionary">entity conversion</span>, the effective date of the change and the <span class="dictionary">converting entity</span>&#x2019;s name, entity type, and <span class="dictionary">jurisdiction</span> of organization, formation, or incorporation upon consummation of the change; <a id="paragraph-254930" class="section-permalink" href="https://vacode.org/13.1-1275/#C2"><i class="fa fa-link"/></a></p></section>
						<section id="C3" class="indent-1"><p><span class="prefix-number">3.</span> The plan of <span class="dictionary">entity conversion</span>, including the full text of the <span class="dictionary">articles of trust</span> of the <span class="dictionary">resulting entity</span> that comply with the requirements of this chapter as they will be in effect upon consummation of the conversion; <a id="paragraph-254931" class="section-permalink" href="https://vacode.org/13.1-1275/#C3"><i class="fa fa-link"/></a></p></section>
						<section id="C4" class="indent-1"><p><span class="prefix-number">4.</span> The date the plan of <span class="dictionary">entity conversion</span> was approved; and <a id="paragraph-254932" class="section-permalink" href="https://vacode.org/13.1-1275/#C4"><i class="fa fa-link"/></a></p></section>
						<section id="C5" class="indent-1"><p><span class="prefix-number">5.</span> A statement that the plan of <span class="dictionary">entity conversion</span> was adopted by the <span class="dictionary">other entity</span> in accordance with &#xA7; <a class="law" title="Action on plan of entity conversion" href="/13.1-1274/">13.1-1274</a>. <a id="paragraph-254933" class="section-permalink" href="https://vacode.org/13.1-1275/#C5"><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 articles of <span class="dictionary">entity conversion</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 <span class="dictionary">entity conversion</span>. <a id="paragraph-254934" class="section-permalink" href="https://vacode.org/13.1-1275/#D"><i class="fa fa-link"/></a></p></section></text><history>2002, c. 621; 2016, c. 288.</history><metadata></metadata></law>
