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1996 SESSION
961013492Be it enacted by the General Assembly of Virginia:
1. That §§ 13.1-633, 13.1-832, 13.1-1067 and 50-37.3 of the Code of Virginia are amended and reenacted as follows:
§ 13.1-633. Property title records.
Whenever by merger or amendment to the articles of incorporation the name of
any domestic or foreign corporation is changed or another domestic or foreign
corporation succeeds to the ownership of its property, a certificate reciting
such change or succession shall be issued by the clerk of the Commission upon
request and such certificate may be admitted to record in the deed
books, in accordance with §
17-60, of any recording office within the
jurisdiction of which any property of the corporation is located in order to
maintain the continuity of title records upon paying the a
fee of ten dollars to the clerk of the court, but no tax shall
be due thereon. If such corporation is not a domestic corporation or a foreign
corporation authorized to do business in this Commonwealth, a similar
certificate by any competent authority of the state of incorporation, may be
admitted to record in the deed books, in accordance
with § 17-60, of any recording
office within the jurisdiction of which any property of the corporation is
located in order to maintain the continuity of title records upon paying
the a fee of ten dollars to the clerk of the
court, but no tax shall be due thereon.
§ 13.1-832. Property title records.
Whenever by merger or amendment to the articles of incorporation the name of
any domestic or foreign corporation is changed or another domestic or foreign
corporation succeeds to the ownership of its property, a certificate reciting
such change or succession shall be issued by the clerk of the Commission upon
request and such certificate, or if such corporation is not a domestic
corporation or a foreign corporation authorized to transact business in this
Commonwealth, a similar certificate by any competent authority of the state of
incorporation, may be admitted to record in the deed
books, in accordance with §
17-60, of any recording office within the
jurisdiction of which any property of the corporation is located in order to
maintain the continuity of title records upon paying the a
fee of ten dollars to the clerk of the court, but no tax shall
be due thereon.
§ 13.1-1067. Property title records.
A. Whenever by (i) amendment to the articles of organization pursuant to §
13.1-1014, (ii) certificate of correction of the application for registration
of a foreign limited liability company pursuant to § 13.1-1055, or (iii)
conversion of a general partnership or limited partnership to a limited
liability company pursuant to § 13.1-1010.1, the name of any domestic or
foreign limited liability company is changed or a general or limited
partnership is converted to limited liability company form, the clerk of the
Commission, upon request, shall issue a certificate that recites the change of
name or conversion. The certificate may be admitted to record in the deed
books, in accordance with §
17-60, of any court's office within the
jurisdiction of which any property of the limited liability company is located
in order to maintain the continuity of title records. The person filing the
certificate shall pay the a fee of ten dollars to
the clerk of the court, but no tax shall be due thereon.
B. Whenever by merger of a domestic or foreign limited liability company with
one or more domestic or foreign limited liability companies, limited
partnerships or corporations pursuant to Article 13 (§ 13.1-1070 et seq.)
of Chapter 12 of this title or to the laws of a foreign jurisdiction, a
domestic or foreign limited liability company succeeds to the ownership of or
any interest in real estate, and when such domestic or foreign limited
liability company furnishes the Commission with a certificate of merger issued
by the Commission or a similar certificate issued by any competent authority of
the jurisdiction under which any such foreign limited liability company is
organized, the clerk of the Commission, upon request, shall issue a certificate
that recites the succession to ownership of or interest in real estate. The
certificate may be admitted to record in the deed books, in
accordance with § 17-60, of any recording office within
the jurisdiction of which any property of the limited liability company is
located in order to maintain the continuity of title records. The person
filing the certificate shall pay the a fee of ten
dollars to the clerk of the court, but no tax shall be due thereon.
§ 50-37.3. Property title records of certain limited partnerships.
A. Whenever by (i) amendment to the certificate of limited partnership pursuant
to § 50-73.12, (ii) certificate of correction of the application for
registration of a foreign limited partnership pursuant to § 50-73.57 or
(iii) conversion of a general partnership to limited partnership form pursuant
to § 50-73.11:1, the name of any domestic or foreign limited partnership
is changed, or a general partnership is converted to limited partnership form,
the Clerk of the Commission, upon request, shall issue a certificate which
recites such change of name or conversion. Such certificate may be admitted to
record in the deed books, in accordance with §
17-60, of any court's recording office within the jurisdiction of which
any real estate of the limited partnership is located in order to maintain the
continuity of title records. The person filing such certificate shall pay
the a fee of ten dollars to the clerk of the
court, but no tax shall be due thereon.
B. Whenever by merger of a domestic or foreign limited partnership with one or
more domestic or foreign limited partnerships or limited liability companies or
foreign corporations pursuant to Article 7.1 (§ 50-73.48:1 et seq.) of
Chapter 2.1 of this title or to the laws of a foreign jurisdiction a domestic
or foreign limited partnership succeeds to the ownership of or any interest in
real estate, and when such domestic or foreign limited partnership furnishes
the Commission with a certificate of merger issued by the Commission or a
similar certificate issued by any competent authority of the jurisdiction under
which any such foreign limited partnership is formed, the Clerk of the
Commission, upon request, shall issue a certificate which recites such
succession to ownership of or interest in real estate. The certificate may be
admitted to record in the deed books, in accordance with
§ 17-60, of any court's recording office within the
jurisdiction of which any such real estate of the limited partnership is
located in order to maintain the continuity of title records. The person
filing such certificate shall pay the a fee of ten
dollars to the clerk of the court, but no tax shall be due thereon.