Code of Virginia
Title 13.1 - Corporations
Chapter 14 - Virginia Business Trust Act

§ 13.1-1229. Trustee standards of conduct; trustee liability; restrictions on liability limitations in governing instrument - A. A trustee shall discharge his duties as a trustee...

§ 13.1-1230. Indemnification - A. A business trust shall have the power to indemnify...

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

§ 13.1-1232. Right of action - A beneficial owner may bring a derivative proceeding in the...

§ 13.1-1233. Payment of and security for expenses - On termination of a derivative proceeding, the court shall: 1....

§ 13.1-1234. Dissolution generally - A business trust organized under this chapter is dissolved and...

§ 13.1-1235. Judicial dissolution - A. On application by or for a beneficial owner, the...

§ 13.1-1236. Winding up - A. The winding up of a business trust shall be...

§ 13.1-1237. Distribution of assets upon dissolution - Upon the winding up of a business trust, the assets...

§ 13.1-1238. Articles of cancellation - A. When the affairs of a business trust have been...

§ 13.1-1238.1. Automatic cancellation of business trust existence - A. Whether or not the notice described in subsection B...

§ 13.1-1238.2. Involuntary cancellation of business trust existence - A. The existence of a business trust may be canceled...

§ 13.1-1239. Reinstatement of a business trust that has ceased to exist - A. A business trust that has ceased to exist may...

§ 13.1-1240. Dissolution of series - A. Except to the extent otherwise provided in the articles...

§ 13.1-1241. Authority to transact business required; governing law - A. A foreign business trust may not transact business in...

§ 13.1-1242. Application for certificate of registration - A. A foreign business trust may apply to the Commission...

§ 13.1-1243. Repealed - Repealed by Acts 2008, c. 101, cl. 2, effective April...

§ 13.1-1244. Name - A. No certificate of registration shall be issued to a...

§ 13.1-1245. Amendments; amended applications for registration - A. Whenever the articles of trust or other constituent document...

§ 13.1-1246. Voluntary cancellation of certificate of registration - A. A foreign business trust registered to transact business in...

§ 13.1-1246.1. Automatic cancellation of registration - A. Whether or not the notice described in subsection B...

§ 13.1-1246.2. Involuntary cancellation of registration - A. The certificate of registration to transact business in the...

§ 13.1-1246.3. Reinstatement of a certificate of registration that has been canceled - A. A foreign business trust whose certificate of registration to...

§ 13.1-1247. Transaction of business without registration; civil penalty - A. A foreign business trust transacting business in the Commonwealth...

§ 13.1-1248. Actions by Attorney General - The Attorney General may bring an action to restrain a...

§ 13.1-1249. Transactions not constituting doing business - A. The following activities of a foreign business trust, among...

§ 13.1-1250. Merger of foreign business trust registered to transact business in Commonwealth - A. Whenever a foreign business trust registered to transact business...

§ 13.1-1250.1. Entity conversion of foreign business trust registered to transact business in Commonwealth - A. Whenever a foreign business trust that is registered to...

§ 13.1-1251. Annual registration fees to be assessed and collected by Commission; application of payment - The Commission shall assess and collect the annual registration fees...

§ 13.1-1252. Assessment of annual registration fees; annual registration fee to be paid by domestic and foreign business trusts - A. Every domestic business trust, and every foreign business trust...

§ 13.1-1253. Repealed - Repealed by Acts 2013, c. 25, cl. 2.

§ 13.1-1254. Penalty for failure to timely pay annual registration fees or file statement of change - A. Any domestic or any foreign business trust that fails...

§ 13.1-1255. Payment of fees, fines, penalties, and interest prerequisite to Commission action; refunds - A. The Commission shall not file or issue with respect...

§ 13.1-1256. Collection by suit and of unpaid bills - The provisions of §§ 13.1-775.1 and 58.1-2814, so far as...

§ 13.1-1257. Authorization for merger - Unless the governing instrument provides otherwise, a domestic business trust...

§ 13.1-1258. Approval - A. Unless otherwise provided in the articles of trust or...

§ 13.1-1259. Exchange of securities; termination or amendment of merger - In connection with a merger, rights or securities of, or...

§ 13.1-1260. Repealed - Repealed by Acts 2003, c. 373, effective October 1, 2003.

§ 13.1-1261. Articles of merger - A. After a plan of merger is approved by each...

§ 13.1-1262. Governing instrument - A. Notwithstanding anything to the contrary contained in the governing...

§ 13.1-1263. Effect of merger - When a merger takes effect: 1. The separate existence of...

§ 13.1-1263.1. Abandonment of merger - A. Unless otherwise provided in the plan of merger or...

§ 13.1-1264. Definitions - As used in this article, unless the context requires a...

§ 13.1-1265. Domestication - A. A foreign business trust may become a domestic business...

§ 13.1-1266. Plan of domestication - A. The plan of domestication shall set forth: 1. The...

§ 13.1-1267. Action on plan of domestication by a domestic business trust - A. The plan of domestication shall be approved by the...

§ 13.1-1268. Articles of domestication - A. After the domestication of a foreign entity is approved...

§ 13.1-1269. Surrender of articles of trust upon domestication - A. Whenever a domestic business trust has adopted and approved,...

§ 13.1-1270. Effect of domestication - A. When a foreign business trust's certificate of domestication in...

§ 13.1-1271. Abandonment of domestication - A. Unless otherwise provided in the plan of domestication, after...

§ 13.1-1272. Entity conversion - A. A domestic business trust may become a domestic limited...

§ 13.1-1273. Plan of entity conversion - A. In the case of a domestic business trust that...

§ 13.1-1274. Action on plan of entity conversion - A. In the case of a domestic business trust that...

§ 13.1-1275. Articles of entity conversion - A. After the conversion of a domestic business trust into...

§ 13.1-1276. Effect of entity conversion - A. When an entity conversion under this article becomes effective,...

§ 13.1-1277. Abandonment of entity conversion - A. Unless otherwise provided in the plan of entity conversion,...

§ 13.1-1278. Trust records - A. A business trust shall keep minutes of all meetings...

§ 13.1-1279. Inspection of records by beneficial owners - A. Subject to subsection C of § 13.1-1280, a beneficial...

§ 13.1-1280. Scope of inspection right - A. A beneficial owner's agent or attorney has the same...

§ 13.1-1281. Court-ordered inspection - A. If a business trust does not allow a beneficial...

§ 13.1-1282. Construction and application of chapter and governing instrument - A. The rule that statutes in derogation of the common...

§ 13.1-1283. Reservation of power to amend or repeal - The General Assembly shall have the power to amend or...

§ 13.1-1284. Application to existing real estate investment trusts and foreign business trusts - Unless otherwise provided, the provisions of this chapter shall apply...

§ 13.1-1285. Property title records - A. Whenever the records in the office of the clerk...

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Code of Virginia Title 13.1 - Corporations Chapter 14 - Virginia Business Trust Act

Code of Virginia
Title 13.1 - Corporations
Chapter 14 - Virginia Business Trust Act