§ 13.1-1099.24. Disclosure required when foreign series limited liability company or foreign protected series subject to proceeding
A. Not later than 30 days after becoming a party to a proceeding before a civil, criminal, administrative, or other adjudicative tribunal of the Commonwealth or a tribunal of the United States located in the Commonwealth: 1. A foreign series limited liability company shall disclose to each other party the name and the street and […]
§ 13.1-1099.25. Uniformity of application and construction
In applying and construing this article, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact the Uniform Protected Series Act. 2019, c. 636.
§ 13.1-1099.26. Effect on certain actions
This article does not affect an action commenced, proceeding brought, or right accrued before July 1, 2021. 2019, c. 636; 2021, Sp. Sess. I, c. 487.
§ 13.1-1099.27. Relation to Electronic Signatures in Global and National Commerce Act
This chapter modifies, limits, or supersedes the federal Electronic Signatures in Global and National Commerce Act (15 U.S.C. § 7001 et seq.) but does not modify, limit, or supersede § 101 of that Act (15 U.S.C. § 7001(c)) or authorize electronic delivery of any of the notices described in § 103 of that Act (15 […]
§ 13.1-1099.19. Effect of merger
When a merger under § 13.1-1099.16 becomes effective, in addition to the effects stated in § 13.1-1073: 1. As provided in the plan of merger, each protected series of each merging company which was established before the merger: a. Is a relocated protected series or continuing protected series; or b. Is dissolved, wound up, and […]
§ 13.1-1099.20. Application of § 13.1-1099.10 after merger
A. A creditor’s right that existed under § 13.1-1099.10 immediately before a merger under § 13.1-1099.16 may be enforced after the merger in accordance with the following rules: 1. A creditor’s right that existed immediately before the merger against the surviving company, a continuing protected series, or a relocated protected series continues without change after […]
§ 13.1-1099.21. Governing law; foreign series limited liability companies and foreign protected series
The law of the jurisdiction of formation of a foreign series limited liability company governs: 1. The internal affairs of a foreign protected series of the foreign series limited liability company, including: a. Relations among any associated members of the foreign protected series; b. Relations between the foreign protected series and: (1) Any associated member; […]
§ 13.1-1099.22. No attribution of activities constituting transacting business or for establishing jurisdiction
In determining whether a foreign series limited liability company or foreign protected series of the foreign series limited liability company transacts business in the Commonwealth or is subject to the personal jurisdiction of the courts of the Commonwealth: 1. The activities and affairs of the foreign series limited liability company are not attributable to a […]
§ 13.1-1099.23. Registration of foreign series limited liability company and foreign protected series; amended application; voluntary cancellation; reinstatement
A. A foreign series limited liability company shall obtain from the Commission a certificate of registration to transact business in the Commonwealth before any foreign protected series of the foreign series limited liability company is registered to transact business in the Commonwealth. In addition to the requirements for registration in § 13.1-1052, the foreign series […]
§ 13.1-1099.9. Remedies of judgment creditor of associated member or protected series assignee
Any provision of § 13.1-1041.1 that provides or restricts remedies available to a judgment creditor of a member of a limited liability company or owner of a membership interest of the series limited liability company applies to a judgment creditor of: 1. An associated member or protected series assignee of a protected series; or 2. […]