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§ 349. Delivery of certificates to limited partners

Upon the return by the Lieutenant Governor pursuant to section 346 of this chapter of a certificate marked “Filed”, the general partners shall promptly deliver or mail a copy of the certificate of limited partnership and each certificate of amendment or cancellation to each limited partner unless the partnership agreement provides otherwise.

§ 371. Admission of limited partners

(a) A person becomes a limited partner: (1) at the time the limited partnership is formed; or (2) at any later time specified in the records of the limited partnership for becoming a limited partner. (b) After the filing of a limited partnership’s original certificate of limited partnership, a person may be admitted as an […]

§ 343. Cancellation of certificate

A certificate of limited partnership shall be canceled upon the dissolution and the commencement of winding up of the partnership or at any other time there are no limited partners. A certificate of cancellation shall be filed in the office of the Lieutenant Governor and set forth: (1) the name of the limited partnership; (2) […]

§ 344. Execution of certificates

(a) Each certificate required by this subchapter to be filed in the office of the Lieutenant Governor shall be executed in the following manner: (1) an original certificate of limited partnership must be signed by all general partners; (2) a certificate of amendment must be signed by at least one general partner and by each […]

§ 345. Execution by judicial act

If a person required by section 344 of this chapter to execute any certificate fails or refuses to do so, any other person who is adversely affected by the failure or refusal may petition the Superior Court of the Virgin Islands to direct the execution of the certificate. If the court finds that it is […]

§ 341. Certificate of limited partnership

(a) In order to form a limited partnership, a certificate of limited partnership must be executed and filed in the office of the Lieutenant Governor. The certificate shall set forth: (1) the name of the limited partnership; (2) the address of the office and the name and address of the agent for service of process […]

§ 342. Amendment to certificate

(a) A certificate of limited partnership is amended by filing a certificate of amendment thereto in the office of the Lieutenant Governor. The certificate shall set forth: (1) the name of the limited partnership; (2) the date of filing the certificate; and (3) the amendment to the certificate. (b) Within 30 days after the happening […]

§ 324. Reservation of name

(a) The exclusive right to the use of a name may be reserved by: (1) any person intending to organize a limited partnership under this chapter and to adopt that name; (2) any domestic limited partnership or any foreign limited partnership registered in the Virgin Islands which, in either case, intends to adopt that name; […]

§ 325. Specified office and agent

Each limited partnership shall continuously maintain in the Virgin Islands: (1) an office, which may but need not be a place of its business in the Virgin Islands, at which shall be kept the records required by Section 326 of this chapter to be maintained; and (2) an agent for service of process on the […]

§ 326. Records to be kept

(a) Each limited partnership shall keep at the office referred to in section 325, subsection (1) of this chapter the following: (1) a current list of the full name and last known business address of each partner, separately identifying the general partners (in alphabetical order) and the limited partners (in alphabetical order); (2) a copy […]