<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>54628</law_id><section_number>50-73.57:2</section_number><catch_line>Merger of foreign limited partnership registered to transact business in Commonwealth</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="50">Partnerships</unit><unit label="chapter" level="2" order_by="1" identifier="2.1">Virginia Revised Uniform Limited Partnership Act</unit><unit label="article" level="3" order_by="1" identifier="9">Foreign Limited Partnerships</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> Whenever a <span class="dictionary">foreign limited partnership</span> that is registered to transact business in the Commonwealth is a <span class="dictionary">party</span> to a merger permitted by the <span class="dictionary">laws</span> of the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> under whose <span class="dictionary">laws</span> it is formed, and that limited partnership is the surviving <span class="dictionary">entity</span> of the merger, it shall, within 30 days after the merger becomes effective, file with the <span class="dictionary">Commission</span> a copy of the instrument of merger duly authenticated by the Secretary of <span class="dictionary">State</span> or other official having <span class="dictionary">custody</span> of limited partnership records in the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> under whose <span class="dictionary">laws</span> the merger was effected. However, the filing shall not be required when a <span class="dictionary">foreign limited partnership</span> merges with a <span class="dictionary">domestic corporation</span>, limited liability company, limited partnership, business trust, or partnership; the <span class="dictionary">foreign limited partnership</span>&#x2019;s <span class="dictionary">certificate of limited partnership</span> or, if there is no such certificate, <span class="dictionary">partnership agreement</span> or other constituent document, is not amended by the merger; and the articles or statement of merger filed on behalf of the <span class="dictionary">domestic corporation</span>, limited liability company, limited partnership, business trust, or partnership pursuant to &#xA7; <a class="law" title="Articles of merger or share exchange" href="/13.1-720/">13.1-720</a>, <a class="law" title="Articles of merger" href="/13.1-1072/">13.1-1072</a>, <a class="law" title="Articles of merger" href="/13.1-1261/">13.1-1261</a>, <a class="law" title="Articles of merger" href="/50-73.48_3/">50-73.48:3</a>, or <a class="law" title="Statement of merger" href="/50-73.131/">50-73.131</a> contains a statement that the merger is permitted under the <span class="dictionary">laws</span> of the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> in which the <span class="dictionary">foreign limited partnership</span> is formed and that the <span class="dictionary">foreign limited partnership</span> has complied with that <span class="dictionary">law</span> in effecting the merger. <a id="paragraph-200636" class="section-permalink" href="https://vacode.org/50-73.57_2/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Whenever a <span class="dictionary">foreign limited partnership</span> that is registered to transact business in the Commonwealth is a <span class="dictionary">party</span> to a merger permitted by the <span class="dictionary">laws</span> of the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> under the <span class="dictionary">laws</span> of which it is formed, and that limited partnership is not the surviving <span class="dictionary">entity</span> of the merger, the surviving partnership, limited partnership, limited liability company, business trust, or corporation shall, if not continuing to transact business in the Commonwealth, within 30 days after the merger becomes effective, deliver to the <span class="dictionary">Commission</span> a copy of the instrument of merger duly authenticated by the Secretary of <span class="dictionary">State</span> or other official having <span class="dictionary">custody</span> of limited partnership records in the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> under whose <span class="dictionary">laws</span> the merger was effected, and comply in behalf of the predecessor limited partnership with &#xA7; <a class="law" title="Voluntary cancellation of certificate of registration" href="/50-73.58/">50-73.58</a>. If a surviving business trust, <span class="dictionary">registered limited liability partnership</span>, limited partnership, limited liability company or corporation is to continue to transact business in the Commonwealth and has not registered with the <span class="dictionary">Commission</span> as a <span class="dictionary">foreign <span class="dictionary">registered limited liability partnership</span></span> under &#xA7; <a class="law" title="Registration of foreign registered limited liability partnerships" href="/50-73.138/">50-73.138</a>, as a <span class="dictionary">foreign limited partnership</span> under &#xA7; <a class="law" title="Application for certificate of registration" href="/50-73.54/">50-73.54</a>, as a <span class="dictionary">foreign business trust</span> under &#xA7; <a class="law" title="Application for certificate of registration" href="/13.1-1242/">13.1-1242</a>, or as a <span class="dictionary">foreign limited liability company</span> under &#xA7; <a class="law" title="Application for certificate of registration" href="/13.1-1052/">13.1-1052</a> or received a certificate of authority to transact business in the Commonwealth as a <span class="dictionary">foreign corporation</span>, as the case may be, it shall, within 30 days after the merger becomes effective, deliver to the <span class="dictionary">Commission</span> an application, if a <span class="dictionary">foreign <span class="dictionary">registered limited liability partnership</span></span>, for registration as a <span class="dictionary">foreign <span class="dictionary">registered limited liability partnership</span></span>, if a <span class="dictionary">foreign limited partnership</span>, for registration as a <span class="dictionary">foreign limited partnership</span>, if a <span class="dictionary">foreign limited liability company</span>, for registration as a <span class="dictionary">foreign limited liability company</span>, if a <span class="dictionary">foreign business trust</span>, for registration as a <span class="dictionary">foreign business trust</span>, or, if a <span class="dictionary">foreign corporation</span>, for a certificate of authority to transact business in the Commonwealth, together with a duly authenticated copy of the instrument of merger and also a copy of its partnership certificate, statement of <span class="dictionary">registered limited liability partnership</span>, <span class="dictionary">certificate of limited partnership</span>, articles of organization, articles of trust, or articles of incorporation and all amendments thereto, duly authenticated by the Secretary of <span class="dictionary">State</span> or other official having <span class="dictionary">custody</span> of <span class="dictionary">registered limited liability partnership</span>, limited partnership, limited liability company, business trust, or corporate records in the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> under whose <span class="dictionary">laws</span> it is formed, organized, registered, or incorporated. <a id="paragraph-200637" class="section-permalink" href="https://vacode.org/50-73.57_2/#B"><i class="fa fa-link"/></a></p></section>
						<section id="C"><p><span class="prefix-number">C.</span> Upon the merger of a <span class="dictionary">foreign limited partnership</span> with one or more <span class="dictionary">foreign partnerships</span>, <span class="dictionary">limited partnerships</span>, limited liability companies, business trusts, or corporations, all property in the Commonwealth owned by the <span class="dictionary">foreign limited partnership</span> shall pass to the surviving <span class="dictionary">foreign partnership</span>, limited partnership, limited liability company, business trust, or corporation except as otherwise provided by the <span class="dictionary">laws</span> of the <span class="dictionary">state</span> or other <span class="dictionary">jurisdiction</span> by which it is governed, but only from and after the time when a duly authenticated copy of the instrument of merger is filed with the <span class="dictionary">Commission</span>. <a id="paragraph-200638" class="section-permalink" href="https://vacode.org/50-73.57_2/#C"><i class="fa fa-link"/></a></p></section></text><history>1992, c. 575; 1997, c. 190; 2004, c. 274; 2008, c. 586.</history><metadata></metadata></law>
