Code of Virginia
Chapter 14 - Virginia Business Trust Act
§ 13.1-1200. Short title

This chapter shall be known as the Virginia Business Trust Act.
2002, c. 621.

Structure Code of Virginia

Code of Virginia

Title 13.1 - Corporations

Chapter 14 - Virginia Business Trust Act

§ 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

§ 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

§ 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

§ 13.1-1224. Beneficial owners

§ 13.1-1225. Limited liability

§ 13.1-1226. Beneficial interests

§ 13.1-1227. Distributions to beneficial owners

§ 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

§ 13.1-1231. Capacity to sue and be sued; process; liabilities and obligations; attachment; seizure of certain assets

§ 13.1-1232. Right of action

§ 13.1-1233. Payment of and security for expenses

§ 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

§ 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 Repealed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

§ 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

§ 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

§ 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

§ 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

§ 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