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Virginia Guide For Articles Of Correction To The Articles Of Trust Of A Domestic Business Trust

State:
Virginia
Control #:
VA-BTA-1213
Format:
PDF
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Guide For Articles Of Correction To The Articles Of Trust Of A Domestic Business Trust Virginia Guide For Articles Of Correction To The Articles Of Trust Of A Domestic Business Trust is a guide prepared by the Virginia State Corporation Commission (SCC) to help trustees and beneficiaries of a Domestic Business Trust in Virginia correct errors in their Articles of Trust. The guide provides instructions for filing Articles of Correction with the SCC, which is the state agency responsible for the oversight and regulation of Domestic Business Trusts in Virginia. The guide outlines the various types of Articles of Correction that can be submitted, including: 1. Articles of Amendment: This type of Article of Correction is used to correct errors in the Articles of Trust that were made at the time of formation, such as incorrect names or dates. 2. Articles of Merger: This type of Article of Correction is used when two or more Domestic Business Trusts have merged together. 3. Articles of Revival: This type of Article of Correction is used when a Domestic Business Trust has been dissolved and needs to be brought back to life. 4. Articles of Revival and Amendment: This type of Article of Correction is used when a Domestic Business Trust has been dissolved and needs to be brought back to life, and also requires corrections to the Articles of Trust. 5. Articles of Reformation: This type of Article of Correction is used when the Articles of Trust need to be restructured in order to meet the requirements of Virginia law. 6. Articles of Partial Termination: This type of Article of Correction is used when portions of the Articles of Trust need to be terminated in order to comply with Virginia law. 7. Articles of Termination: This type of Article of Correction is used when the Domestic Business Trust needs to be terminated in its entirety.

Virginia Guide For Articles Of Correction To The Articles Of Trust Of A Domestic Business Trust is a guide prepared by the Virginia State Corporation Commission (SCC) to help trustees and beneficiaries of a Domestic Business Trust in Virginia correct errors in their Articles of Trust. The guide provides instructions for filing Articles of Correction with the SCC, which is the state agency responsible for the oversight and regulation of Domestic Business Trusts in Virginia. The guide outlines the various types of Articles of Correction that can be submitted, including: 1. Articles of Amendment: This type of Article of Correction is used to correct errors in the Articles of Trust that were made at the time of formation, such as incorrect names or dates. 2. Articles of Merger: This type of Article of Correction is used when two or more Domestic Business Trusts have merged together. 3. Articles of Revival: This type of Article of Correction is used when a Domestic Business Trust has been dissolved and needs to be brought back to life. 4. Articles of Revival and Amendment: This type of Article of Correction is used when a Domestic Business Trust has been dissolved and needs to be brought back to life, and also requires corrections to the Articles of Trust. 5. Articles of Reformation: This type of Article of Correction is used when the Articles of Trust need to be restructured in order to meet the requirements of Virginia law. 6. Articles of Partial Termination: This type of Article of Correction is used when portions of the Articles of Trust need to be terminated in order to comply with Virginia law. 7. Articles of Termination: This type of Article of Correction is used when the Domestic Business Trust needs to be terminated in its entirety.

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Virginia Guide For Articles Of Correction To The Articles Of Trust Of A Domestic Business Trust