Dissolution; generally

Va. Code Ann. § 13.1-741.2, under Chapter 9. Virginia Stock Corporation Act..

Va. Code Ann. § 13.1-741.2

A corporation organized under this chapter is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following events:

1. At the time or on the happening of any events specified in writing in the articles of incorporation or bylaws;

2. Dissolution by directors and shareholders pursuant to § 13.1-742;

3. The entry of a decree of judicial dissolution under § 13.1-747;

4. Automatic termination of its existence pursuant to § 13.1-752; or

5. Involuntary termination of its existence pursuant to § 13.1-753.