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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>346476</law_id><section_number>13.1-1206</section_number><catch_line>Unlawful to transact or offer to transact business as a business trust; penalty</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="44" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="17" identifier="14">Virginia Business Trust Act</unit><unit label="article" level="3" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> It shall be unlawful for any <span class="dictionary">person</span> to transact business in this Commonwealth as a business trust or to offer or advertise to transact business in this Commonwealth as a business trust unless the alleged business trust is either a <span class="dictionary">domestic business trust</span> or a <span class="dictionary">foreign business trust</span> authorized to transact business in this Commonwealth. <a id="paragraph-1291819" class="section-permalink" href="https://vacode.org/13.1-1206/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Any <span class="dictionary">person</span> who violates the provisions of this section is guilty of a Class 1 <span class="dictionary">misdemeanor</span>. <a id="paragraph-1291820" class="section-permalink" href="https://vacode.org/13.1-1206/#B"><i class="fa fa-link"/></a></p></section></text><history>2002, c. 621.</history><metadata></metadata></law>
