Mark L. Keam
- Democratic
Business entities; conversion and domestication.Provides that, for the purposes of the Virginia Nonstock CorporationAct, the Virginia Limited Liability Act, and the Virginia BusinessTrust Act, "entity conversion" has the same meaning as "conversion"as defined in each respective act and that a certificate of entityconversion is the same as a certificate of conversion. Additionally,the bill provides that "incorporation surrender," "organizationsurrender," and "trust surrender" have the same meaning as "domestication"as defined in each such respective act and that a certificate ofincorporation surrender, certificate of organization surrender, anda certificate of trust surrender are the same as a certificate ofdomestication.
Approved by Governor-Chapter 82 (effective 7/1/22)
Governor's Action Deadline 11:59 p.m., April 11, 2022
Enrolled Bill communicated to Governor on March 22, 2022
Impact statement from SCC (HB691ER)
Enrolled
Signed by President
Signed by Speaker
Read third time
Passed Senate (39-Y 0-N)
Constitutional reading dispensed (40-Y 0-N)
Reported from Commerce and Labor (15-Y 0-N)
Referred to Committee on Commerce and Labor
Constitutional reading dispensed
VOTE: Block Vote Passage (99-Y 0-N)
Read third time and passed House BLOCK VOTE (99-Y 0-N)
Read second time and engrossed
Read first time
Reported from Commerce and Energy (21-Y 0-N)
Impact statement from SCC (HB691)
Referred to Committee on Commerce and Energy
Prefiled and ordered printed; offered 01/12/22 22101240D
Bill Text Versions | Format |
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Prefiled and ordered printed; offered 01/12/22 22101240D | PDF HTML |
HB691ER | PDF HTML |
CHAP0082 | PDF HTML |
Document | Format |
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Fiscal Impact Statement: HB691FER171.PDF | |
Fiscal Impact Statement: HB691F171.PDF |
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