Governing law; conflict of law

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  • (a) The liability of members, managers, employees and agents of a limited liability company organized under this chapter shall at all times be determined solely and exclusively by this chapter and the laws of the United States Virgin Islands.

  • (b) If a conflict arises between the law of this Territory and the laws of any other jurisdiction with regard to the liability of a member, manager employee or agent of a limited liability company organized and existing under this chapter for the debts, obligations and liabilities of the limited liability company, or for the acts or omissions of another member, manager or employee, or agent of the limited liability company, this chapter and the laws of the United States Virgin Islands shall govern in determining such liability.


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