Qualification of certain nonprofit corporations

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No nonprofit organization created by the laws of any foreign country or any state of the United States, or the law of the United States, that is tax exempt pursuant to Section 501(c)(3) and (4) of the Internal Revenue Code of 1986, as amended, or established in response to the U.S. Federal Oil Pollution Act of 1990, to provide a national system of regional response centers to respond to major oil spills, shall do any business in the United States Virgin Islands through or by branch offices, agents or representatives located in the United States Virgin Islands until it shall have filed in the Office of the Lieutenant Governor a certified copy of its charter or certificate of incorporation, a certificate signed by its president or vice president and under its corporate seal, attested by its secretary or assistant secretary, stating the name of its authorized agent in the United States Virgin Islands upon whom service of legal process against it may be made. The provisions of subchapter XIV of Chapter 1 of this Title relating to capital stock shall not apply to any such corporation that does not have authority to issue stock under the laws of the jurisdiction of its creation.


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