Code of Virginia
Chapter 14 - Virginia Business Trust Act
§ 13.1-1285. Property title records

A. Whenever the records in the office of the clerk of the Commission reflect that a domestic or foreign business trust has changed or corrected its name, merged into a domestic or foreign corporation, limited liability company, business trust, limited partnership or partnership, converted into a domestic or foreign corporation, limited liability company, limited partnership or partnership, or domesticated in or from another jurisdiction, the clerk of the Commission, upon request, shall issue a certificate reciting such change, correction, merger, conversion or domestication. The certificate may be admitted to record in the deed books, in accordance with § 17.1-227, of any clerk's office within the jurisdiction of which any property of the business trust is located in order to maintain the continuity of title records. The person filing the certificate shall pay a fee of $10 to the clerk of the court, but no tax shall be due thereon.
B. Whenever a foreign business trust has changed or corrected its name, merged into a corporation, limited liability company, business trust, limited partnership or partnership, converted into another type of business entity, or domesticated in another jurisdiction, and it cannot or chooses not to obtain a certificate reciting such change, correction, merger, conversion or domestication from the clerk of the Commission pursuant to subsection A, a similar certificate by any competent authority of the foreign business trust's jurisdiction of formation may be admitted to record in the deed books, in accordance with § 17.1-227, of any clerk's office within the jurisdiction of which any property of the business trust is located in order to maintain the continuity of title records. The person filing the certificate shall pay a fee of $10 to the clerk of the court, but no tax shall be due thereon.
2007, c. 771.

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