Virginia Law

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Chapter 12.

Virginia Limited Liability Company Act

General Provisions

Short title

Reservation of power to amend or repeal

Construction

Definitions

Filing requirements

Filings with the Commission pursuant to reorganization

Issuance of certificate by Commission; recordation of documents

Penalty for signing false documents

Unlawful to transact or offer to transact business as a limited liability company unless authorized

Organizers

Articles of organization

Articles of correction

Reserved name

Amendment of articles of organization

Restatement of articles of organization

Registered Office and Agent; Principal Office

Registered office and registered agent

Change of registered office or registered agent

Resignation of registered agent

Service on limited liability company

Change of principal office

Relationship of a Limited Liability Company and Its Members to Third Persons

Liability to third parties

Parties to actions

Limited liability company property

Agency of members and managers

Relationship of Members to Each Other

Management of limited liability company

Operating agreement

Remedies for breach of operating agreement by member or manager

Management of a limited liability company by a manager or managers

General standards of conduct for a manager

Limitation of liability of members and managers; exception

Business transactions of members or managers with the limited liability company

Contributions

Information and records

Sharing of profits and losses