Protected series may not be party to entity transaction
Va. Code Ann. § 13.1-1099.14
in effectA protected series may not:
1. Be a party to a merger;
2. Convert to a different type of entity;
3. Domesticate as a protected series under the laws of a foreign jurisdiction; or
4. Be a party to or be formed, organized, established, or created in a transaction substantially like an interest exchange, a conversion, or a domestication.
2019, c. 636 ; 2021, Sp. Sess. I, c. 487 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-1099.14/Fetched: 10/16/2026