SB 782 VA
Corporations; limited liability decentralized autonomous organizations (LLDs).
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Summary
Virginia Senate Bill 782 would establish a legal framework for limited liability decentralized autonomous organizations (LLDs) in Virginia. The bill would amend the Virginia Code to allow for the formation and regulation of these organizations.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
A BILL to amend the Code of Virginia by adding in Title 13.1 a chapter numbered 15, containing articles numbered 1 through 5, consisting of sections numbered 13.1-1300 through 13.1-1319, relating to corporations; limited liability decentralized autonomous organizations.
Sponsor (1)
- Saddam Azlan Salim Democratic · primary
Action history (6)
- Jan 22, 2026 Presented and ordered printed 26102324D · upper
- Jan 22, 2026 Referred to Committee on Commerce and Labor · upper
- Feb 1, 2026 Fiscal Impact Statement from State Corporation Commission (SB782) · upper
- Feb 2, 2026 Senate committee amendments offered · upper
- Feb 2, 2026 Continued to next session in Commerce and Labor (15-Y 0-N) · upper
- Jul 21, 2026 Continued from last session · upper
Full text
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