Va. Code § 13.1-1099.14
Protected series may not be party to entity transaction
Virginia · Code of Virginia Title 13.1 — Corporations · Status: effective
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- Citation
- Va. Code § 13.1-1099.14, Protected series may not be party to entity transaction, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1401889
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Full text
A protected series may not:
1. Be a party to a merger;
2. Convert to a different type of entity;
3. Domesticate as a protected series under the laws of a foreign jurisdiction; or
4. Be a party to or be formed, organized, established, or created in a transaction substantially like an interest exchange, a conversion, or a domestication.