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38 chapters · 384 sections in this title.
17 V.I.C. § 800 Purpose
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(a) The purpose of this chapter is to provide for the creation of a protected cell corporation by the Legislature of the Virgin Islands to be owned by the University of the Virgin Islands Research and Technology Park Corporation, defined as the “Research and Technology Park Prote…
17 V.I.C. § 801 Definitions
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As used in this chapter:“Protected Cell” means a separate legal entity created pursuant to section 802 of this chapter and affiliated with the Protected Cell Corporation in accordance with the provisions of this chapter. “Protected Cell” means a separate legal entity created purs…
17 V.I.C. § 802 Establishment of Protected Cells
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(a) There is hereby created by the Government of the Virgin Islands a protected cell corporation to be known as the Research and Technology Park Protected Cell Corporation. Such Research and Technology Park Protected Cell Corporation shall be governed by the Board of Directors of…
17 V.I.C. § 803 Use and operation of Protected Cells
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(a) The assets of any Protected Cell may not be charged with liabilities arising out of any other business of the Research and Technology Park Protected Cell Corporation or any other Protected Cell. (b) The income, gains and losses, realized or unrealized, from each Protected Cel…
