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Home » US Law » 2019 US Virgin Islands Code » Title 13 - Corporations and Associations » Chapter 9 - Societies to Promote Trade and Labor

§ 602. Corporate name; powers

Every association formed under the provisions of this chapter, shall have a corporate name, and may sue and be sued, plead and be impleaded, prosecute and defend in all courts of the United States Virgin Islands; shall hold, pay, sell, assign, convey, mortgage and lease such real, personal or mixed property as shall be required […]

§ 603. Articles; contents

The articles of association shall state: First, The names of persons associating in the first instance with their places of residence; Second, The purposes of the association, conforming with the provisions of this chapter; Third, The corporate name and period of incorporation, which may be perpetual; Fourth, The terms, conditions, and qualifications of membership in […]

§ 604. Bylaws; contents, enforcement

Every association incorporated under this chapter shall have power to make all needful bylaws for its government and enforce the same by the usual penalties and forfeitures; may thereby establish a uniform system of dues, assessments or benefits to be levied upon members, prescribe the duties of officers, require bonds of the same for the […]

§ 605. Officers; executive committee

The officers of the association shall consist of a president, secretary, treasurer, and executive committee of not less than 3 members of the association. The president, secretary, and treasurer shall be ex officio members of said executive committee.

§ 606. Executive committee; powers, quorum

The executive committee shall be charged with the general management of its affairs. Said committee shall adopt bylaws for the association, and change the same at pleasure: provided, that the bylaw for the election of the members of said committee and their terms of office shall be of no effect until the same is ratified […]

§ 607. Existing societies; incorporation under act

All societies, unions or associations of tradesmen or laborers actually existing and conducting their affairs under a constitution or articles of association, may become a body corporate and politic, for the general purposes of this chapter, upon filing of copies of their constitution or articles of the association, society or union, verified by the oath […]

§ 608. Same; constitution or articles in lieu of articles of incorporation

The constitution or articles of association of the society, union or association referred to in the preceding section of this chapter when filed as therein provided, shall stand in lieu of the articles of incorporation required to be executed under this chapter and such constitution or articles of association may provide for the election of […]

§ 609. Rights vested in new corporation; recovery

All moneys, properties, or rights in action, equitably belonging to any society, union or association at the time the same shall become incorporated under the provisions of this chapter, shall vest in the corporation so formed, and may be recovered by such corporation in an action of assumpsit, or on the case from any person […]

§ 610. Validation of prior acts

The taking, holding, assigning, conveying, leasing, mortgaging, transferring or otherwise dealing with the monies, properties, whether real, personal or mixed, or rights in action equitably belonging to any society, union or association which was done before the effective date of this chapter in accordance with the provisions of the Constitution or bylaws of the society, […]