§ 2005. Name of foreign limited liability company
(a) If the name of a foreign limited liability company does not satisfy the requirements of section 1106 of this chapter, the company, to obtain or maintain a certificate of authority to transact business in the Virgin Islands, must use a fictitious name to transact business in the Virgin Islands if its real name is […]
§ 2006. Revocation of certificate of authority
(a) A certificate of authority of a foreign limited liability company to transact business in the Virgin Islands may be revoked by the Lieutenant Governor in the manner provided in subsection (b) of this section if: (1) the company fails to: (i) pay any fees, taxes, and penalties owed to the Government of the Virgin […]
§ 2007. Cancellation of authority
A foreign limited liability company may cancel its authority to transact business in the Virgin Islands by filing in the office of the Lieutenant Governor a certificate of cancellation. Cancellation does not terminate the authority of the Lieutenant Governor to accept service of process on the company for claims for relief arising out of the […]
§ 1906. Effect of merger
(a) When a merger takes effect: (1) the separate existence of each limited liability company and other entity that is a party to the merger, other than the surviving entity, terminates; (2) all property owned by each of the limited liability companies and other entities that are party to the merger vests in the surviving […]
§ 1907. Subchapter not exclusive
This subchapter does not preclude an entity from being converted or merged under other law.
§ 2001. Law governing foreign limited liability companies
(a) The laws of the state or other jurisdiction under which a foreign limited liability company is organized govern its organization and internal affairs and the liability of its managers, members, and their transferees. (b) A foreign limited liability company may not be denied a certificate of authority by reason of any difference between the […]
§ 2002. Application for certificate of authority
(a) A foreign limited liability company may apply for a certificate of authority to transact business in the Virgin Islands by delivering an application to the office of the Lieutenant Governor for filing. The application must set forth: (1) the name of the foreign company or, if its name is unavailable for use in the […]
§ 2003. Activities not constituting doing business
(a) Activities of a foreign limited liability company that do not constitute transacting business in the Virgin Islands within the meaning of this subchapter include: (1) maintaining, defending, or settling an action or proceeding; (2) holding meetings of its members or managers or carrying on any other activity concerning its internal affairs; (3) maintaining bank […]
§ 1811. Reinstatement following administrative dissolution
(a) A limited liability company administratively dissolved may apply to the office of the Lieutenant Governor for reinstatement within two years after the effective date of dissolution. The application must: (1) recite the name of the company and the effective date of its administrative dissolution; (2) state that the ground for dissolution either did not […]
§ 1812. Appeal from denial of reinstatement
(a) If the Lieutenant Governor denies a limited liability company’s application for reinstatement following administrative dissolution, the Lieutenant Governor shall serve the company with a record that explains the reason or reasons for denial. (b) The company may appeal the denial of reinstatement to the Superior Court within 30 days after service of the notice […]