Restrictions on entity transaction involving a series limited liability company or a foreign series limited liability company

Va. Code Ann. § 13.1-1099.15
in effect
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A. A series limited liability company may not: 1. Convert to a different type of entity; 2. Domesticate as a foreign limited liability company pursuant to the provisions of Article 14 (§ 13.1-1074 et seq.); or 3. Except as otherwise provided in § 13.1-1099.16 , be a party to or the surviving company of a merger. B. A foreign series limited liability company may not domesticate as a Virginia limited liability company pursuant to the provisions of Article 14 (§ 13.1-1074 et seq.). 2019, c. 636 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-1099.15/Fetched: 10/16/2026

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