Virginia Code 13.1-1284: Application to existing real estate investment trusts and foreign business trusts.
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Unless otherwise provided, the provisions of this chapter shall apply to all real estate investment trusts created under former Chapter 9 of Title 6 and Chapter 9 of Title 6.1 as in effect immediately prior to the effective date of this chapter. The declaration of trust of every such real estate investment trust heretofore organized in this Commonwealth shall be subject to the provisions of this chapter.
Terms Used In Virginia Code 13.1-1284
- real estate: includes lands, tenements and hereditaments, and all rights and appurtenances thereto and interests therein, other than a chattel interest. See Virginia Code 1-219
- Trust: includes a common law trust, business trust, and foreign business trust. See Virginia Code 13.1-1201
2002, c. 621.