Dissolution; generally
Va. Code Ann. § 13.1-1046
in effectA limited liability company 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 organization or an operating agreement;
2. Upon the unanimous written consent of the members;
3. The entry of a decree of judicial dissolution under § 13.1-1047 ;
4. Automatic cancellation of its existence pursuant to § 13.1-1050.2 ; or
5. Involuntary cancellation of its existence pursuant to § 13.1-1050.3 .
1991, c. 168; 1994, c. 348 ; 1995, c. 168 ; 1996, c. 265 ; 1997, c. 190 ; 1998, c. 432 ; 2000, c. 581 ; 2001, c. 548 ; 2008, cc. 108 , 588 , 770 ; 2009, c. 167 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-1046/Fetched: 10/16/2026