§ 50-73.124 Definitions.
§ 50-73.125 Repealed.
§ 50-73.126 Conversion of limited partnership to partnership.
§ 50-73.127 Effect of conversion; entity unchanged.
§ 50-73.128 Merger of partnerships.
§ 50-73.129 Effect of merger.
§ 50-73.130 Repealed.
§ 50-73.131 Statement of merger.
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Terms Used In Virginia Code > Title 50 > Chapter 2.2 > Article 9 - Conversions and Mergers.

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Includes: means includes, but not limited to. See Virginia Code 1-218
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Statute: A law passed by a legislature.