{"law_id":"771490","section_number":"13.1-1080","catch_line":"Abandonment of domestication","history":"2006, c. 912; 2016, c. 288.","order_by":null,"metadata":false,"court_decisions":{},"official_url":"http:\/\/law.lis.virginia.gov\/vacode\/13.1-1080\/","refers_to":[{"id":"768197","section_number":"13.1-1076","catch_line":"Action on plan of domestication by a domestic limited liability company","url":"\/13.1-1076\/"}],"url":"\/13.1-1080\/","token":"13.1\/12\/14\/13.1-1080","structure":{"1":{"id":"1854","name":"Domestication","identifier":"14","label":"article","url":"\/13.1\/12\/14\/"},"2":{"id":"318","name":"Virginia Limited Liability Company Act","identifier":"12","label":"chapter","url":"\/13.1\/12\/"},"3":{"id":"43","name":"Corporations","identifier":"13.1","label":"title","url":"\/13.1\/"}},"referred_to_by":false,"edition_id":"11","section_id":"771490","structure_id":"1854","full_text":"A Unless otherwise provided in a plan of domestication of a domestic limited liability company to become a foreign limited liability company, after the plan has been approved as required by this article, and at any time before the certificate of organization surrender has become effective, the domestication may be abandoned without action by the members in accordance with any procedures set forth in the plan of domestication or, if no procedures are set forth in the plan, by a vote of the members of the domestic limited liability company that is equal to or greater than the vote cast for the plan of domestication pursuant to \u00a7 13.1-1076.\r\rB If a domestication is abandoned under subsection A after articles of organization surrender have been filed with the Commission but before the certificate of organization surrender has become effective, a statement that the domestication has been abandoned in accordance with this section shall be delivered to the Commission for filing before the effective time and date of the certificate of organization surrender. Upon filing, the statement shall take effect and the domestication shall be deemed abandoned and shall not become effective.\r\rC If the domestication of a foreign limited liability company into the Commonwealth is abandoned in accordance with the laws of the jurisdiction in which the foreign limited liability company is organized after articles of domestication have been filed with the Commission but before the certificate of domestication has become effective, a statement that the domestication has been abandoned shall be delivered to the Commission for filing before the effective time and date of the certificate of domestication. Upon filing, the statement shall take effect and the domestication shall be deemed abandoned and shall not become effective.\r\r","text":{"0":{"id":"2486862","text":"Unless otherwise provided in a plan of domestication of a domestic limited liability company to become a foreign limited liability company, after the plan has been approved as required by this article, and at any time before the certificate of organization surrender has become effective, the domestication may be abandoned without action by the members in accordance with any procedures set forth in the plan of domestication or, if no procedures are set forth in the plan, by a vote of the members of the domestic limited liability company that is equal to or greater than the vote cast for the plan of domestication pursuant to \u00a7 13.1-1076.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1},"1":{"id":"2486863","text":"If a domestication is abandoned under subsection A after articles of organization surrender have been filed with the Commission but before the certificate of organization surrender has become effective, a statement that the domestication has been abandoned in accordance with this section shall be delivered to the Commission for filing before the effective time and date of the certificate of organization surrender. Upon filing, the statement shall take effect and the domestication shall be deemed abandoned and shall not become effective.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1},"2":{"id":"2486864","text":"If the domestication of a foreign limited liability company into the Commonwealth is abandoned in accordance with the laws of the jurisdiction in which the foreign limited liability company is organized after articles of domestication have been filed with the Commission but before the certificate of domestication has become effective, a statement that the domestication has been abandoned shall be delivered to the Commission for filing before the effective time and date of the certificate of domestication. Upon filing, the statement shall take effect and the domestication shall be deemed abandoned and shall not become effective.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1}},"ancestry":{"1":{"id":"1854","name":"Domestication","identifier":"14","label":"article","url":"\/13.1\/12\/14\/"},"2":{"id":"318","name":"Virginia Limited Liability Company Act","identifier":"12","label":"chapter","url":"\/13.1\/12\/"},"3":{"id":"43","name":"Corporations","identifier":"13.1","label":"title","url":"\/13.1\/"}},"structure_contents":{"0":{"id":"774760","structure_id":"1854","section_number":"13.1-1074","catch_line":"Domestication","url":"\/13.1-1074\/","token":"13.1\/12\/14\/13.1-1074"},"1":{"id":"767206","structure_id":"1854","section_number":"13.1-1075","catch_line":"Plan of domestication","url":"\/13.1-1075\/","token":"13.1\/12\/14\/13.1-1075"},"2":{"id":"768197","structure_id":"1854","section_number":"13.1-1076","catch_line":"Action on plan of domestication by a domestic limited liability company","url":"\/13.1-1076\/","token":"13.1\/12\/14\/13.1-1076"},"3":{"id":"786794","structure_id":"1854","section_number":"13.1-1077","catch_line":"Articles of domestication","url":"\/13.1-1077\/","token":"13.1\/12\/14\/13.1-1077"},"4":{"id":"777984","structure_id":"1854","section_number":"13.1-1078","catch_line":"Surrender of articles of organization upon domestication","url":"\/13.1-1078\/","token":"13.1\/12\/14\/13.1-1078"},"5":{"id":"768094","structure_id":"1854","section_number":"13.1-1079","catch_line":"Effect of domestication","url":"\/13.1-1079\/","token":"13.1\/12\/14\/13.1-1079"},"6":{"id":"771490","structure_id":"1854","section_number":"13.1-1080","catch_line":"Abandonment of domestication","url":"\/13.1-1080\/","token":"13.1\/12\/14\/13.1-1080"}},"previous_section":{"id":"768094","structure_id":"1854","section_number":"13.1-1079","catch_line":"Effect of domestication","url":"\/13.1-1079\/","token":"13.1\/12\/14\/13.1-1079"},"references":false,"formats":{"txt":"\/13.1-1080.txt","json":"\/13.1-1080.json","xml":"\/13.1-1080.xml"},"dublin_core":{"Title":"Abandonment of domestication","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1080","Relation":"Code of Virginia"},"plain_text":"                                 CODE OF VIRGINIA\n\nABANDONMENT OF DOMESTICATION (\u00a7 13.1-1080)\n\nA. Unless otherwise provided in a plan of domestication of a domestic limited\nliability company to become a foreign limited liability company, after the plan\nhas been approved as required by this article, and at any time before the\ncertificate of organization surrender has become effective, the domestication\nmay be abandoned without action by the members in accordance with any procedures\nset forth in the plan of domestication or, if no procedures are set forth in the\nplan, by a vote of the members of the domestic limited liability company that is\nequal to or greater than the vote cast for the plan of domestication pursuant to\n\u00a7 13.1-1076.\n\nB. If a domestication is abandoned under subsection A after articles of\norganization surrender have been filed with the Commission but before the\ncertificate of organization surrender has become effective, a statement that the\ndomestication has been abandoned in accordance with this section shall be\ndelivered to the Commission for filing before the effective time and date of the\ncertificate of organization surrender. Upon filing, the statement shall take\neffect and the domestication shall be deemed abandoned and shall not become\neffective.\n\nC. If the domestication of a foreign limited liability company into the\nCommonwealth is abandoned in accordance with the laws of the jurisdiction in\nwhich the foreign limited liability company is organized after articles of\ndomestication have been filed with the Commission but before the certificate of\ndomestication has become effective, a statement that the domestication has been\nabandoned shall be delivered to the Commission for filing before the effective\ntime and date of the certificate of domestication. Upon filing, the statement\nshall take effect and the domestication shall be deemed abandoned and shall not\nbecome effective.\n\nHISTORY: 2006, c. 912; 2016, c. 288."}