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2002 SESSION

• | print version

SB 512 Business Trust Act; created.

Introduced by: Walter A. Stosch | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Business Trust Act. Authorizes the formation of business trusts in the Commonwealth, and repeals existing provisions regarding real estate investment trusts. Business trusts are unincorporated, perpetual, limited liability legal entities that may be formed to conduct any lawful business.

FULL TEXT

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/09/02 025454540  pdf | impact statement
• 02/27/02  House: Committee substitute printed 025499540-H1  pdf | impact statement
• 03/15/02  Senate: Bill text as passed Senate and House (SB512ER)  pdf | impact statement
• 04/08/02  Governor: Acts of Assembly Chapter text (CHAP0621)  pdf

HISTORY

• 01/09/02  Senate: Presented & ordered printed, prefiled 01/09/02 025454540
• 01/09/02  Senate: Referred to Committee on Commerce and Labor
• 02/04/02  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/06/02  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/06/02  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/07/02  Senate: Read second time and engrossed
• 02/08/02  Senate: Read third time and passed Senate (40-Y 0-N)
• 02/08/02  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 02/08/02  Senate: Communicated to House
• 02/13/02  House: Placed on Calendar
• 02/13/02  House: Read first time
• 02/13/02  House: Referred to Committee on Commerce and Labor
• 02/26/02  House: Reported from C. & L. with substitute (17-Y 4-N)
• 02/27/02  House: Committee substitute printed 025499540-H1
• 02/28/02  House: Read second time
• 03/01/02  House: Passed by for the day
• 03/04/02  House: Read third time
• 03/04/02  House: Committee substitute agreed to 025499540-H1
• 03/04/02  House: Engrossed by House - committee substitute 025499540-H1
• 03/04/02  House: Passed House with substitute (94-Y 4-N)
• 03/04/02  House: VOTE: PASSAGE (94-Y 4-N)
• 03/06/02  Senate: House substitute agreed to by Senate (40-Y 0-N)
• 03/06/02  Senate: VOTE: CONCUR HOUSE AMENDMENT (40-Y 0-N)
• 03/15/02  Senate: Bill text as passed Senate and House (SB512ER)
• 03/18/02  Senate: Enrolled
• 03/18/02  House: Signed by Speaker
• 03/19/02  Senate: Signed by President
• 04/06/02  Governor: Approved by Governor-Chapter 621 (effective 10/1/03)
• 04/08/02  Governor: Acts of Assembly Chapter text (CHAP0621)