CODE OF VIRGINIA

DISSOLUTION; GENERALLY (§ 13.1-1046)

A limited liability company organized under this chapter is dissolved and its
affairs shall be wound up upon the happening of the first to occur of the
following events:

   1.  At the time or on the happening of any events specified in writing in the
   articles of organization or an operating agreement;

   2.  Upon the unanimous written consent of the members;

   3.  The entry of a decree of judicial dissolution under § 13.1-1047;

   4.  Automatic cancellation of its existence pursuant to § 13.1-1050.2; or

   5.  Involuntary cancellation of its existence pursuant to § 13.1-1050.3.

HISTORY: 1991, c. 168; 1994, c. 348; 1995, c. 168; 1996, c. 265; 1997, c. 190;
1998, c. 432; 2000, c. 581; 2001, c. 548; 2008, cc. 108, 588, 770; 2009, c. 167.