Va. Code Ann. § 13.1-741.2 – Dissolution; generally | Midpage
§ 13.1-741.2
Va. Code Ann. § 13.1-741.2
Dissolution; generally
Effective Jul 1, 20262026, cc. 383, 892.
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.