Termination of status

Va. Code Ann. § 13.1-786
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A benefit corporation may terminate its status as such and cease to be subject to this article by amending its articles to delete the provision required by § 13.1-784 to be set forth in the articles of incorporation, which amendment shall be adopted in accordance with the procedures set forth in § 13.1-707 , or if no shares have yet been issued, in accordance with § 13.1-709 . 2011, c. 698 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-786/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements