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2022 SESSION
HB 691 Business entities; conversion and domestication.
Introduced by: Mark L. Keam | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
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.
FULL TEXT
- 01/11/22 House: Prefiled and ordered printed; offered 01/12/22 22101240D pdf | impact statement
- 03/08/22 House: Bill text as passed House and Senate (HB691ER) pdf | impact statement
- 04/05/22 Governor: Acts of Assembly Chapter text (CHAP0082) pdf
HISTORY
- 01/11/22 House: Prefiled and ordered printed; offered 01/12/22 22101240D
- 01/11/22 House: Referred to Committee on Commerce and Energy
- 01/25/22 House: Reported from Commerce and Energy (21-Y 0-N)
- 01/27/22 House: Read first time
- 01/28/22 House: Read second time and engrossed
- 01/31/22 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 01/31/22 House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/01/22 Senate: Constitutional reading dispensed
- 02/01/22 Senate: Referred to Committee on Commerce and Labor
- 02/28/22 Senate: Reported from Commerce and Labor (15-Y 0-N)
- 03/02/22 Senate: Constitutional reading dispensed (40-Y 0-N)
- 03/03/22 Senate: Read third time
- 03/03/22 Senate: Passed Senate (39-Y 0-N)
- 03/08/22 House: Enrolled
- 03/08/22 House: Bill text as passed House and Senate (HB691ER)
- 03/08/22 House: Signed by Speaker
- 03/08/22 Senate: Signed by President
- 03/22/22 House: Enrolled Bill communicated to Governor on March 22, 2022
- 03/22/22 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2022
- 04/05/22 Governor: Approved by Governor-Chapter 82 (effective 7/1/22)
- 04/05/22 Governor: Acts of Assembly Chapter text (CHAP0082)