Grounds for administrative dissolution

  1. Law
  2. US Virgin Islands Code
  3. Corporations and Associations
  4. Uniform Limited Liability Company Act
  5. Winding Up Company's Business
  6. Grounds for administrative dissolution

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  • The Lieutenant Governor may commence a proceeding to dissolve a limited liability company administratively if the company does not:

    • (1) pay any fees, taxes, or penalties imposed by this chapter or other law within 60 days after they are due; or

    • (2) deliver its annual report to the office of the Lieutenant Governor within 60 days after it is due.


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