Virginia Code 13.1-1099.16: Merger authorized; parties restricted.
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A series limited liability company may be party to a merger in accordance with Article 13 (§ 13.1-1069.1 et seq.), this section, and §§ 13.1-1099.17 through 13.1-1099.20 only if:
Terms Used In Virginia Code 13.1-1099.16
- Surviving company: means a merging company that is the survivor of a merger under § Virginia Code 13.1-1088
1. Each party to the merger is a limited liability company; and
2. The surviving company is not created in the merger.
2019, c. 636.