Business entities; conversion and domestication. (HB691)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Business entities; conversion and domestication. Provides that, for the purposes of the Virginia Nonstock Corporation Act, the Virginia Limited Liability Act, and the Virginia Business Trust Act, "entity conversion" has the same meaning as "conversion" as defined in each respective act and that a certificate of entity conversion is the same as a certificate of conversion. Additionally, the bill provides that "incorporation surrender," "organization surrender," and "trust surrender" have the same meaning as "domestication" as defined in each such respective act and that a certificate of incorporation surrender, certificate of organization surrender, and a certificate of trust surrender are the same as a certificate of domestication. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/11/2022 | Committee |
| 01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101240D |
| 01/11/2022 | Referred to Committee on Commerce and Energy |
| 01/19/2022 | Impact statement from SCC (HB691) |
| 01/25/2022 | Reported from Commerce and Energy (21-Y 0-N) (see vote tally) |
| 01/27/2022 | Read first time |
| 01/28/2022 | Read second time and engrossed |
| 01/31/2022 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
| 01/31/2022 | VOTE: Block Vote Passage (99-Y 0-N) (see vote tally) |
| 02/01/2022 | Constitutional reading dispensed |
| 02/01/2022 | Referred to Committee on Commerce and Labor |
| 02/28/2022 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
| 03/02/2022 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 03/03/2022 | Read third time |
| 03/03/2022 | Passed Senate (39-Y 0-N) (see vote tally) |
| 03/08/2022 | Enrolled |
| 03/08/2022 | Bill text as passed House and Senate (HB691ER) |
| 03/08/2022 | Signed by Speaker |
| 03/08/2022 | Signed by President |
| 03/10/2022 | Impact statement from SCC (HB691ER) |
| 03/22/2022 | Enrolled Bill communicated to Governor on March 22, 2022 |
| 03/22/2022 | G Governor's Action Deadline 11:59 p.m., April 11, 2022 |
| 04/05/2022 | G Approved by Governor-Chapter 82 (effective 7/1/22) |
| 04/05/2022 | G Acts of Assembly Chapter text (CHAP0082) |
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