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Home » US Law » 2019 US Virgin Islands Code » Title 24 - Labor » Chapter 18 - Plant Closings » § 475. Right to purchase facility

Employees affected by a plant closing shall have the right of first refusal to purchase an affected facility within 90 days of the employer’s notice to close the facility as provided by section 472 of this chapter. If the employees do not elect to purchase the facility the Government of the Virgin Islands shall maintain an option to purchase such facility for a period of 60 days.