Unless the governing instrument provides otherwise, a domestic business trust may merge with or into one or more business trusts or other business entities formed or organized or existing under the laws of Virginia or any other state or the United States or any foreign country or other foreign jurisdiction.
Va. Code Ann. § 13.1-1257
Authorization for merger
Known as the Virginia Business Trust Act
The act spans §§ 13.1-1200 to 13.1-1285 (93 sections).
2002, c. 621.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.