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Current as of January 01, 2025 | Updated by Findlaw Staff
In a merger under § 13.1-1099.16, the plan of merger shall:
1. Comply with § 13.1-1070;
2. Include the manner and basis of converting the protected series membership interests in the canceled protected series in the manner set forth in subdivisions C 4 and 5 of § 13.1-1070; and
3. State:
a. For any protected series of a non-surviving series limited liability company, whether after the merger the protected series will be a relocated protected series or be dissolved, wound up, and canceled;
b. For any protected series of the surviving series limited liability company that exists before the merger, whether after the merger the protected series will be a continuing protected series or be dissolved, wound up, and canceled;
c. For each relocated protected series, its new name; and
d. For any protected series to be established by the surviving company as a result of the merger, the name of the protected series and the post office address of its principal office.
Cite this article: FindLaw.com - Virginia Code Title 13.1. Corporations § 13.1-1099.17. Plan of merger - last updated January 01, 2025 | https://codes.findlaw.com/va/title-13-1-corporations/va-code-sect-13-1-1099-17/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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