The Commissioner shall upon the application of any mutual benefit society, having the right to do business in the Virgin Islands issue to such society a permit in writing, authorizing it to do business in the Virgin Islands for which permit the society shall pay to the Commissioner a fee of $25. No business shall be transacted by any domestic or foreign society until such permit is granted.
Issuance of permit
22 V.I.C. § 1304 — under Mutual Nonprofit Benefit Societies.
22 V.I.C. § 1304