{"data":{"id":"us-va/va.-code-13.1-1099.13","jurisdiction":"us-va","citation":"Va. Code § 13.1-1099.13","heading":"Waiver of cancellation upon dissolution; reinstatement of series limited liability company","body":"A. If after dissolution the members of a series limited liability company waive the right to have the series limited liability company's affairs wound up and its existence canceled:1. Each protected series of the series limited liability company ceases winding up; and2. The provisions of § 13.1-1047.1 stating the results of the waiver apply to each protected series of the series limited liability company in accord with § 13.1-1094.B. A protected series that has ceased to exist may have its existence reinstated in accordance with § 13.1-1050.4 as if it were a limited liability company, provided that the series limited liability company that established the protected series is in existence.2019, c. 636.","path":["Title 13.1. Corporations","Chapter 12. Virginia Limited Liability Company Act","Article 16. Protected Series"],"source_url":"https://law.lis.virginia.gov/vacode/13.1-1099.13/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:14:14Z","sha256":"98b424e7e57bca95524db2a350e598bd82a41638e2804d0f053d54d61e55508a","source_id":"us-va","stale":true,"prev":"us-va/va.-code-13.1-1099.12","next":"us-va/va.-code-13.1-1099.14"},"notice":"GroundRules: Original legal text. Not legal advice."}
