13.1-722.8 - Definitions. - Virginia Statutes

§ 13.1-722.8. Definitions.

In this article:

"Articles of organization" has the same meaning specified in § 13.1-1002.

"Converting entity" means the domestic corporation or domestic limitedliability company that adopts a plan of entity conversion pursuant to thisarticle.

"Corporation" has the same meaning specified in § 13.1-603.

"Limited liability company" has the same meaning specified in § 13.1-1002.

"Member" has the same meaning specified in § 13.1-1002.

"Membership interest" or "interest" has the same meaning specified in §13.1-1002.

"Surviving entity" means the corporation or limited liability company thatis in existence immediately after consummation of an entity conversionpursuant to this article.

(2001, c. 545; 2002, c. 1.)