                                 CODE OF VIRGINIA

REINSTATEMENT OF A CERTIFICATE OF REGISTRATION THAT HAS BEEN CANCELED (§
13.1-1246.3)

A. A foreign business trust whose certificate of registration to transact
business in the Commonwealth has been canceled may be relieved of the
cancellation and have its certificate of registration reinstated by the
Commission within five years of the date of cancellation unless the certificate
of registration was canceled by order of the Commission entered pursuant to
subdivision A 1 of &#xA7; 13.1-1246.2.

B. To have its certificate of registration reinstated, a foreign business trust
shall provide the Commission with the following:

   1. An application for reinstatement, which may be in the form of a letter,
   that includes the identification number issued by the Commission to the
   business trust;

   2. A reinstatement fee of $100;

   3. All annual registration fees and penalties that were due before the
   certificate of registration was canceled and that would have been assessed or
   imposed to the date of reinstatement if the business trust had not had its
   certificate of registration canceled;

   4. A duly authenticated copy of any amendments or corrections made to the
   articles of trust or other constituent documents of the foreign business trust
   and any mergers entered into by the foreign business trust from the date of
   cancellation of its certificate of registration to the date of its application
   for reinstatement, with an amended application for registration if required
   for an amendment or a correction, and all fees required by this chapter for
   the filing of such instruments;

   5. If the name of the foreign business trust does not comply with the
   provisions of &#xA7; 13.1-1214 at the time of reinstatement, an amended
   application for registration to adopt a designated name for use in the
   Commonwealth that satisfies the requirements of &#xA7; 13.1-1214, along with
   the fee required by this chapter for the filing of an amended application for
   registration; and

   6. If the foreign business trust&#8217;s registered agent has filed a
   statement of resignation and a new registered agent has not been appointed, a
   statement of change pursuant to &#xA7; 13.1-1221.

C. If the foreign business trust complies with the provisions of this section,
the Commission shall enter an order of reinstatement, reinstating the foreign
business trust&#8217;s certificate of registration to transact business in the
Commonwealth.

HISTORY: 2008, c. 101; 2013, c. 25.