13.1-722.9 - Entity conversion. - Virginia Statutes

§ 13.1-722.9. Entity conversion.

A. A corporation may become a limited liability company pursuant to a plan ofentity conversion. Such a plan shall be adopted and approved by thecorporation in accordance with the procedures of this article.

B. A limited liability company may become a domestic corporation pursuant toa plan of entity conversion. Such plan shall be adopted and approved by thelimited liability company in accordance with the provisions of this article.

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