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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>65609</law_id><section_number>13.1-722.12</section_number><catch_line>Articles of conversion; effectiveness</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="9">Virginia Stock Corporation Act</unit><unit label="article" level="3" order_by="1" identifier="12.2">Conversion</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> After (i) a plan of <span class="dictionary">conversion</span> of a <span class="dictionary">domestic corporation</span> has been adopted and approved as required by this article or (ii) a domestic or foreign <span class="dictionary">eligible entity</span> that is the <span class="dictionary">converting entity</span> has approved a <span class="dictionary">conversion</span> as required under its <span class="dictionary">organic law</span>, or, if applicable, this article, articles of <span class="dictionary">conversion</span> shall be signed in the name of the <span class="dictionary">converting entity</span>. The articles of <span class="dictionary">conversion</span> shall set forth: <a id="paragraph-238489" class="section-permalink" href="https://vacode.org/13.1-722.12/#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">converting entity</span>, its <span class="dictionary">jurisdiction of formation</span>, and entity type; <a id="paragraph-238490" class="section-permalink" href="https://vacode.org/13.1-722.12/#A1"><i class="fa fa-link"/></a></p></section>
						<section id="A2" class="indent-1"><p><span class="prefix-number">2.</span> The original name, date of formation, <span class="dictionary">jurisdiction of formation</span>, and entity type of the <span class="dictionary">converted entity</span> and its name, <span class="dictionary">jurisdiction of formation</span>, and entity type upon each subsequent domestication or <span class="dictionary">conversion</span>; <a id="paragraph-238491" class="section-permalink" href="https://vacode.org/13.1-722.12/#A2"><i class="fa fa-link"/></a></p></section>
						<section id="A3" class="indent-1"><p><span class="prefix-number">3.</span> If the <span class="dictionary">converting entity</span> is a <span class="dictionary">domestic corporation</span>:
				a. The plan of <span class="dictionary">conversion</span>;
				b. The date the plan of <span class="dictionary">conversion</span> was approved;
				c. A statement that the plan of <span class="dictionary">conversion</span> was approved by the unanimous consent of the <span class="dictionary">shareholders</span>, or a statement that the plan was submitted by the board of directors to the <span class="dictionary">shareholders</span> in accordance with this chapter and was duly approved by the <span class="dictionary">shareholders</span> in the manner required by this chapter and by the <span class="dictionary">articles of incorporation</span>; <a id="paragraph-238492" class="section-permalink" href="https://vacode.org/13.1-722.12/#A3"><i class="fa fa-link"/></a></p></section>
						<section id="A4" class="indent-1"><p><span class="prefix-number">4.</span> If the <span class="dictionary">converted entity</span> is a foreign <span class="dictionary">eligible entity</span>:
				a. A statement that the corporation revokes the authority of its registered agent to accept service on its behalf and appoints the clerk of the <span class="dictionary">Commission</span> as an agent for <span class="dictionary">service of process</span> in any <span class="dictionary">proceeding</span> based on a <span class="dictionary">cause of action</span> arising during the time it was incorporated in the Commonwealth;
				b. A mailing address to which the clerk may mail a copy of any process served on the clerk under subdivision a; and
				c. A commitment by the <span class="dictionary">converting entity</span> to notify the clerk of the <span class="dictionary">Commission</span> in the future of any change in its mailing address after the <span class="dictionary">conversion</span> becomes effective. <a id="paragraph-238493" class="section-permalink" href="https://vacode.org/13.1-722.12/#A4"><i class="fa fa-link"/></a></p></section>
						<section id="A5" class="indent-1"><p><span class="prefix-number">5.</span> If the <span class="dictionary">converting entity</span> is a foreign <span class="dictionary">eligible entity</span> and the <span class="dictionary">converted entity</span> is a <span class="dictionary">domestic corporation</span>, a statement that the <span class="dictionary">conversion</span> is permitted by and was approved in accordance with the <span class="dictionary">organic law</span> of the foreign <span class="dictionary">eligible entity</span>; and <a id="paragraph-238494" class="section-permalink" href="https://vacode.org/13.1-722.12/#A5"><i class="fa fa-link"/></a></p></section>
						<section id="A6" class="indent-1"><p><span class="prefix-number">6.</span> If the <span class="dictionary">converting entity</span> is a <span class="dictionary">domestic nonstock corporation</span>, limited partnership, partnership, or business trust and the <span class="dictionary">converted entity</span> is a <span class="dictionary">domestic corporation</span>:
				a. The plan of <span class="dictionary">conversion</span>;
				b. The date the plan of <span class="dictionary">conversion</span> was approved; and
				c. A statement that the plan of <span class="dictionary">conversion</span> was approved in accordance with this chapter. <a id="paragraph-238495" class="section-permalink" href="https://vacode.org/13.1-722.12/#A6"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> The articles of <span class="dictionary">conversion</span> shall be delivered to the <span class="dictionary">Commission</span> for filing. If the <span class="dictionary">Commission</span> finds that the articles of <span class="dictionary">conversion</span> comply with the requirements of law and that all required fees have been paid, it shall <span class="dictionary">issue</span> a certificate of <span class="dictionary">conversion</span>. <a id="paragraph-238496" class="section-permalink" href="https://vacode.org/13.1-722.12/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> Articles of <span class="dictionary">conversion</span> under this section may be combined with any required <span class="dictionary">conversion</span> filing under the <span class="dictionary">organic law</span> of a domestic <span class="dictionary">eligible entity</span> or a foreign <span class="dictionary">eligible entity</span> that is authorized or registered to transact business in the Commonwealth that is the <span class="dictionary">converting entity</span> or <span class="dictionary">converted entity</span> if the combined filing satisfies the requirements of both this section and the other <span class="dictionary">organic law</span>. <a id="paragraph-238497" class="section-permalink" href="https://vacode.org/13.1-722.12/#C"><i class="fa fa-link"/></a></p></section></text><history>2001, c. 545; 2002, c. 1; 2003, c. 598; 2015, c. 623; 2016, c. 288; 2019, c. 734; 2020, c. 1226.</history><metadata></metadata></law>
