Application for certificate of authority

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  • (a) A foreign limited liability company may apply for a certificate of authority to transact business in the Virgin Islands by delivering an application to the office of the Lieutenant Governor for filing. The application must set forth:

    • (1) the name of the foreign company or, if its name is unavailable for use in the Virgin Islands, a name that satisfies the requirements of section 2005 of this chapter;

    • (2) the name of the state or country under whose law it is organized;

    • (3) the physical address of its principal office;

    • (4) the address of its initial designated office in the Virgin Islands;

    • (5) the name and physical address of its initial agent for service of process within the Virgin Islands;

    • (6) the minimum amount of capital with which the company will conduct business in the Virgin Islands, which shall not be less than $1,000;

    • (7) whether the duration of the company is for a specified term and, if so, the period specified;

    • (8) whether the company is manager-managed, and, if so, the name and address of each initial manager; and

    • (9) whether the members of the company are to be liable for its debts and obligations under a provision similar to section 1303, subsection (c) of this chapter.

  • (b) A foreign limited liability company shall deliver with the completed application a certificate of existence or a record of similar import authenticated by the secretary of state or other official having custody of company records in the state or country under whose law it is organized.


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