Virginia § 13.1-1099.3 - Associated members
Full text of Virginia Code of Virginia § 13.1-1099.3 — Associated members, with citation guidance and answers to common questions.
§ 13.1-1099.3. Associated members
A. Only a member of a series limited liability company may be an associated member of a protected series of the series limited liability company.
B. A member of a series limited liability company becomes an associated member of a protected series of the series limited liability company if the operating agreement or a procedure established by the operating agreement states:
1. That the member is an associated member of the protected series;
2. The date on which the member became an associated member; and
3. Any protected series membership interest the associated member has in connection with becoming or being an associated member.
C. If a person that is an associated member of a protected series of a series limited liability company is dissociated from the series limited liability company, the person ceases to be an associated member of the protected series.
2019, c. 636.
Frequently Asked Questions About Virginia § 13.1-1099.3
What does Code of Virginia § 13.1-1099.3 cover?
Section 13.1-1099.3 ("Associated members") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 13.1-1099.3?
A common citation format is "Code of Virginia § 13.1-1099.3" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 13.1-1099.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.