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2008 SESSION
SB 360 Business Trust Act; reorganizes provisions.
Introduced by: John C. Watkins | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Business Trust Act. Reorganizes provisions of the Virginia Business Trust Act regarding the winding up, cancellation, and reinstatement of business trusts. The revisions to the structure of the Act conform to the organization of the Virginia Stock and Nonstock Corporation Acts. Other provisions address the involuntary cancellation and reinstatement of foreign business trusts and the cancellation of a business trust's existence. The measure also authorizes the removal of the initial registered office and registered agent information in the articles of trust if a statement of change is on file with the Commission, and makes technical clarifications.
FULL TEXT
- 01/08/08 Senate: Prefiled and ordered printed; offered 01/09/08 080090864 pdf | impact statement
- 02/20/08 Senate: Bill text as passed Senate and House (SB360ER) pdf | impact statement
- 03/04/08 Governor: Acts of Assembly Chapter text (CHAP0101) pdf
HISTORY
- 01/08/08 Senate: Prefiled and ordered printed; offered 01/09/08 080090864
- 01/08/08 Senate: Referred to Committee on Commerce and Labor
- 01/14/08 Senate: Reported from Commerce and Labor (14-Y 0-N)
- 01/16/08 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/17/08 Senate: Read second time and engrossed
- 01/18/08 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/18/08 Senate: Communicated to House
- 02/11/08 House: Placed on Calendar
- 02/11/08 House: Read first time
- 02/11/08 House: Referred to Committee on Commerce and Labor
- 02/14/08 House: Reported from Commerce and Labor (21-Y 0-N)
- 02/18/08 House: Read second time
- 02/19/08 House: Read third time
- 02/19/08 House: Passed House (97-Y 0-N)
- 02/19/08 House: VOTE: --- PASSAGE (97-Y 0-N)
- 02/20/08 Senate: Enrolled
- 02/20/08 Senate: Bill text as passed Senate and House (SB360ER)
- 02/20/08 House: Signed by Speaker
- 02/22/08 Senate: Signed by President
- 03/02/08 Governor: Approved by Governor-Chapter 101 (effective 4/1/09)
- 03/04/08 Governor: Acts of Assembly Chapter text (CHAP0101)