Every limited liability company formed under this chapter has the purpose of engaging in any lawful business, purpose, or activity, whether or not such business, purpose, or activity is carried on for profit, except as otherwise provided by the law of this Commonwealth, unless a more limited purpose is set forth in the articles of […]
Unless the articles of organization provide otherwise, every limited liability company has perpetual duration and succession in its name and has the same powers as an individual to do all things necessary or convenient to carry out its business and affairs, including, without limitation, power: 1. To sue and be sued, complain and defend in […]
One or more persons may act as organizers of a limited liability company by signing and delivering articles of organization to the Commission for filing. An organizer need not be a member of the limited liability company after formation has occurred. 1991, c. 168; 2006, c. 748; 2016, c. 288.
Repealed by Acts 2016, c. 288, cl. 2, effective July 1, 2016.
A. The articles of organization shall set forth: 1. A name for the limited liability company that satisfies the requirements of § 13.1-1012; 2. The post office address, including the street and number, if any, of the limited liability company’s initial registered office, the name of the city or county in which it is located, […]
A. A limited liability company may correct its articles of organization at any time to correct a name or address specified in the articles of organization that was inadvertently or improperly set forth. B. For a correction to the articles of organization of a limited liability company to be adopted, the correction shall be adopted […]
A. A limited liability company name shall contain the words “limited company” or “limited liability company” or their abbreviations “L.C.,” “LC,” “L.L.C.,” or “LLC.” B. A limited liability company name shall not contain: 1. Any word, abbreviation, or combination of characters that states or implies the limited liability company is a corporation, a limited partnership, […]
A. A person may apply to the Commission to reserve the exclusive use of a limited liability company name, including a designated name for a foreign limited liability company. The limited liability company name applied for need not comply with subsection A of § 13.1-1012. If the Commission finds that the limited liability company name […]
A. A limited liability company may amend its articles of organization at any time to add or change a provision that is required or permitted in the articles, or to delete a provision not required in the articles. An amendment to the articles of organization may delete the name and address of the registered agent […]
A. A limited liability company may restate its articles of organization at any time. B. The restatement may include one or more amendments to the articles of organization, including an amendment to delete the name and address of the registered agent or registered office, or the address of the principal office, if a statement of […]
