SDI designation; duration; renewal

Va. Code Ann. § 22.1-212.32
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
A. The initial designation of an SDI shall be for a five-year period. B. The initial designation of an SDI may be renewed for subsequent periods not to exceed five years each. 2017, c. 760 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/22.1-212.32/Fetched: 10/16/2026

Starting a business in Virginia? Virginia LLC guide: costs and requirements