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11 chapters · 347 sections in this title.
13 V.I.C. § 283 Dissolution; procedure
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(a) If in the judgment of the board of directors, it is deemed advisable and beneficial for the corporation that it should be dissolved, the board, within twenty days after the adoption of a resolution to that effect by a majority of the whole board at any meeting called for that…
13 V.I.C. § 284 Payment of taxes before dissolution
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No certificate of dissolution shall be issued under the provisions of section 283 of this title until all taxes, penalties or fees due to or assessable by Government of the United States Virgin Islands have been paid by the corporation and the Commissioner of Finance shall have s…
13 V.I.C. § 285 Continuation of corporation after dissolution for purposes of actions and winding up affairs
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All corporations, whether they expire by their own limitation or are otherwise dissolved, shall nevertheless be continued, for the term of three years from such expiration or dissolution, bodies corporate for the purpose of prosecuting and defending actions by or against them, an…
13 V.I.C. § 286 Directors as trustees of dissolving corporation
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(a) Upon the dissolution in any manner of any corporation the directors then in office shall be liquidating trustees thereof, with full power to settle the affairs, collect the outstanding debts, sell and convey the property and divide the moneys and other property among the stoc…
