§ 13.1-1077. Articles of domestication.
A. After the domestication of a foreign limited liability company is approved in the manner required by the laws of the jurisdiction in which the limited liability company is organized, the limited liability company shall file with the Commission articles of domestication setting forth:
1. The name of the limited liability company immediately prior to the filing of the articles of domestication and, if that name is unavailable for use in this Commonwealth or the limited liability company desires to change its name in connection with the domestication, a name that satisfies the requirements of § 13.1-1012;
2. The plan of domestication; and
3. The original jurisdiction of the limited liability company and the date the limited liability company was organized in that jurisdiction, and each subsequent jurisdiction and the date the limited liability company was domesticated in each such jurisdiction, if any, prior to the filing of the articles of domestication.
B. The articles of domestication shall have attached articles of organization that comply with the requirements of this chapter.
C. If the Commission finds that the articles of domestication comply with the requirements of law and that all required fees have been paid, it shall issue a certificate of domestication.
D. The certificate of domestication shall become effective pursuant to subsection D of § 13.1-1004.
E. A foreign limited liability company's existence as a domestic limited liability company shall begin when the certificate of domestication is effective. Upon becoming effective, the certificate of domestication shall be conclusive evidence that all conditions precedent required to be performed by the foreign limited liability company have been complied with and that the limited liability company has been organized under this chapter.
F. If the foreign limited liability company is authorized to transact business in this Commonwealth under Article 10 (§ 13.1-1051 et seq.) of this chapter, its certificate of registration shall be canceled automatically on the effective date of the certificate of domestication issued by the Commission.
(2006, c. 912.)
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