§ 50-73.137:1 — Effect of cancellation of limited partnership certificate or registration

Virginia § 50-73.137:1

• Jurisdiction: Virginia
• Title 50: PARTNERSHIPS
• Ch. 2.2: VIRGINIA UNIFORM PARTNERSHIP ACT
• Art. 9.1: REGISTERED LIMITED LIABILITY PARTNERSHIPS

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A. Whenever the certificate of limited partnership of a domestic limited partnership that is registered as a registered limited liability partnership is canceled, the limited partnership's registration as a registered limited liability partnership shall thereupon be automatically canceled unless the certificate of limited partnership was canceled pursuant to a conversion to a partnership under § 50-73.126.

B. Whenever the certificate of registration to transact business in this Commonwealth of a foreign limited partnership that is registered as a foreign registered limited liability partnership is canceled, the foreign limited partnership's registration as a foreign registered limited liability partnership shall thereupon be automatically canceled.

C. A registered limited liability partnership or foreign registered limited liability partnership that has ceased to be a registered limited liability partnership or a foreign registered limited liability partnership under subsection A or B may restore its status as such by complying with the requirements of subsection E of § 50-73.134.

Legislative History

2003, c. 378; 2004, c. 601; 2009, c. 716.