Chapter 14. Virginia Business Trust ActRead Chapter
- Article 1. General ProvisionsRead all
- § 13.1-1200
- Short title
- § 13.1-1201
- Definitions
- § 13.1-1202
- Filing requirements
- § 13.1-1203
- Issuance of certificate by Commission; recordation of documents
- § 13.1-1204
- Fees for filing documents and issuing certificates
- § 13.1-1205
- Unlawful to sign false documents; penalty
- § 13.1-1206
- Unlawful to transact or offer to transact business as a business trust; penalty
- § 13.1-1207
- Tax classification
- § 13.1-1208
- Separate legal entity
- Article 2. FormationRead all
- § 13.1-1209
- Purposes
- § 13.1-1210
- Powers
- § 13.1-1211
- Formation
- § 13.1-1212
- Articles of trust
- § 13.1-1213
- Articles of correction
- § 13.1-1214
- Name
- § 13.1-1215
- Reserved name
- § 13.1-1216
- Amendment of articles of trust
- § 13.1-1217
- Restatement of articles of trust
- § 13.1-1218
- Existence
- § 13.1-1219
- Governing instrument
- Article 3. Registered Office and AgentRead all
- § 13.1-1220
- Registered office and registered agent
- § 13.1-1221
- Change of registered office or registered agent
- § 13.1-1222
- Resignation of registered agent
- § 13.1-1223
- Service on business trust
- Article 4. Beneficial OwnersRead all
- § 13.1-1224
- Beneficial owners
- § 13.1-1225
- Limited liability
- § 13.1-1226
- Beneficial interests
- § 13.1-1227
- Distributions to beneficial owners
- Article 5. TrusteesRead all
- § 13.1-1228
- Trustee management; limitation on duties and liabilities of others
- § 13.1-1229
- Trustee standards of conduct; trustee liability; restrictions on liability limitations in governing instrument
- § 13.1-1230
- Indemnification
- Article 6. Legal ProceedingsRead all
- § 13.1-1231
- Capacity to sue and be sued; process; liabilities and obligations; attachment; seizure of certain assets
- Article 7. Derivative ActionsRead all
- § 13.1-1232
- Right of action
- § 13.1-1233
- Payment of and security for expenses
- Article 8. DissolutionRead all
- § 13.1-1234
- Dissolution generally
- § 13.1-1235
- Judicial dissolution
- § 13.1-1236
- Winding up
- § 13.1-1237
- Distribution of assets upon dissolution
- § 13.1-1238
- Articles of cancellation
- § 13.1-1238.1
- Automatic cancellation of business trust existence
- § 13.1-1238.2
- Involuntary cancellation of business trust existence
- § 13.1-1239
- Reinstatement of a business trust that has ceased to exist
- § 13.1-1240
- Dissolution of series
- Article 9. Foreign Business TrustsRead all
- § 13.1-1241
- Authority to transact business required; governing law
- § 13.1-1242
- Application for certificate of registration
- § 13.1-1243
- Repealed
- § 13.1-1244
- Name
- § 13.1-1245
- Amendments; amended applications for registration
- § 13.1-1246
- Voluntary cancellation of certificate of registration
- § 13.1-1246.1
- Automatic cancellation of registration
- § 13.1-1246.2
- Involuntary cancellation of registration
- § 13.1-1246.3
- Reinstatement of a certificate of registration that has been canceled
- § 13.1-1247
- Transaction of business without registration; civil penalty
- § 13.1-1248
- Actions by Attorney General
- § 13.1-1249
- Transactions not constituting doing business
- § 13.1-1250
- Merger of foreign business trust registered to transact business in Commonwealth
- § 13.1-1250.1
- Entity conversion of foreign business trust registered to transact business in Commonwealth
- Article 10. Annual Registration FeesRead all
- § 13.1-1251
- Annual registration fees to be assessed and collected by Commission; application of payment
- § 13.1-1252
- Assessment of annual registration fees; annual registration fee to be paid by domestic and foreign business trusts
- § 13.1-1253
- Repealed
- § 13.1-1254
- Penalty for failure to timely pay annual registration fees or file statement of change
- § 13.1-1255
- Payment of fees, fines, penalties, and interest prerequisite to Commission action; refunds
- § 13.1-1256
- Collection by suit and of unpaid bills
- Article 11. MergerRead all
- § 13.1-1257
- Authorization for merger
- § 13.1-1258
- Approval
- § 13.1-1259
- Exchange of securities; termination or amendment of merger
- § 13.1-1260
- Repealed
- § 13.1-1261
- Articles of merger
- § 13.1-1262
- Governing instrument
- § 13.1-1263
- Effect of merger
- § 13.1-1263.1
- Abandonment of merger
- Article 12. Domestication and ConversionRead all
- § 13.1-1264
- Definitions
- § 13.1-1265
- Domestication
- § 13.1-1266
- Plan of domestication
- § 13.1-1267
- Action on plan of domestication by a domestic business trust
- § 13.1-1268
- Articles of domestication
- § 13.1-1269
- Surrender of articles of trust upon domestication
- § 13.1-1270
- Effect of domestication
- § 13.1-1271
- Abandonment of domestication
- § 13.1-1272
- Entity conversion
- § 13.1-1273
- Plan of entity conversion
- § 13.1-1274
- Action on plan of entity conversion
- § 13.1-1275
- Articles of entity conversion
- § 13.1-1276
- Effect of entity conversion
- § 13.1-1277
- Abandonment of entity conversion
- Article 13. Reports and RecordsRead all
- § 13.1-1278
- Trust records
- § 13.1-1279
- Inspection of records by beneficial owners
- § 13.1-1280
- Scope of inspection right
- § 13.1-1281
- Court-ordered inspection
- Article 14. MiscellaneousRead all
- § 13.1-1282
- Construction and application of chapter and governing instrument
- § 13.1-1283
- Reservation of power to amend or repeal
- § 13.1-1284
- Application to existing real estate investment trusts and foreign business trusts
- § 13.1-1285
- Property title records
