{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/13.1-1046.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/13.1-1046.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/13.1-1046.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/13.1-1046.html"}],"law_id":78398,"edition_id":1,"section_id":78398,"structure_id":14805,"section_number":"13.1-1046","catch_line":"Dissolution; generally","history":"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.","full_text":"A 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:\n\n1\n\nAt the time or on the happening of any events specified in writing in the articles of organization or an operating agreement;2\n\nUpon the unanimous written consent of the members;3\n\nThe entry of a decree of judicial dissolution under § 13.1-1047;4\n\nAutomatic cancellation of its existence pursuant to § 13.1-1050.2; or5\n\nInvoluntary cancellation of its existence pursuant to § 13.1-1050.3.","order_by":null,"text":{"0":{"id":280968,"text":"A 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:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":280969,"text":"At the time or on the happening of any events specified in writing in the articles of organization or an operating agreement;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":280970,"text":"Upon the unanimous written consent of the members;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":280971,"text":"The entry of a decree of judicial dissolution under § 13.1-1047;","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":280972,"text":"Automatic cancellation of its existence pursuant to § 13.1-1050.2; or","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":280973,"text":"Involuntary cancellation of its existence pursuant to § 13.1-1050.3.","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4"}},"ancestry":[{"id":14805,"edition_id":1,"name":"Dissolution","identifier":"9","label":"article","depth":3,"order_by":1,"parent_id":12817,"metadata":{},"date_created":"2026-06-26 03:50:03","date_modified":"2026-06-26 03:50:03","permalink":{"id":148951,"object_type":"structure","relational_id":14805,"identifier":"9","token":"13.1\/12\/9","url":"\/13.1\/12\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12817,"edition_id":1,"name":"Virginia Limited Liability Company Act","identifier":"12","label":"chapter","depth":2,"order_by":1,"parent_id":12744,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":148351,"object_type":"structure","relational_id":12817,"identifier":"12","token":"13.1\/12","url":"\/13.1\/12\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12744,"edition_id":1,"name":"Corporations","identifier":"13.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":147493,"object_type":"structure","relational_id":12744,"identifier":"13.1","token":"13.1","url":"\/13.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":78398,"structure_id":14805,"section_number":"13.1-1046","catch_line":"Dissolution; generally","url":"\/13.1-1046\/","token":"13.1\/12\/9\/13.1-1046","metadata":false},{"id":71676,"structure_id":14805,"section_number":"13.1-1047","catch_line":"Judicial dissolution","url":"\/13.1-1047\/","token":"13.1\/12\/9\/13.1-1047","metadata":false},{"id":75824,"structure_id":14805,"section_number":"13.1-1047.1","catch_line":"Waiver of cancellation","url":"\/13.1-1047.1\/","token":"13.1\/12\/9\/13.1-1047.1","metadata":false},{"id":69420,"structure_id":14805,"section_number":"13.1-1048","catch_line":"Winding up","url":"\/13.1-1048\/","token":"13.1\/12\/9\/13.1-1048","metadata":false},{"id":73505,"structure_id":14805,"section_number":"13.1-1049","catch_line":"Distribution of assets upon dissolution","url":"\/13.1-1049\/","token":"13.1\/12\/9\/13.1-1049","metadata":false},{"id":74836,"structure_id":14805,"section_number":"13.1-1049.1","catch_line":"Known claims against dissolved limited liability company","url":"\/13.1-1049.1\/","token":"13.1\/12\/9\/13.1-1049.1","metadata":false},{"id":71437,"structure_id":14805,"section_number":"13.1-1049.2","catch_line":"Other claims against dissolved limited liability company","url":"\/13.1-1049.2\/","token":"13.1\/12\/9\/13.1-1049.2","metadata":false},{"id":56631,"structure_id":14805,"section_number":"13.1-1049.3","catch_line":"Court proceedings","url":"\/13.1-1049.3\/","token":"13.1\/12\/9\/13.1-1049.3","metadata":false},{"id":74093,"structure_id":14805,"section_number":"13.1-1050","catch_line":"Articles of cancellation","url":"\/13.1-1050\/","token":"13.1\/12\/9\/13.1-1050","metadata":false},{"id":80078,"structure_id":14805,"section_number":"13.1-1050.1","catch_line":"Repealed","url":"\/13.1-1050.1\/","token":"13.1\/12\/9\/13.1-1050.1","metadata":false},{"id":76074,"structure_id":14805,"section_number":"13.1-1050.2","catch_line":"Automatic cancellation of limited liability company existence","url":"\/13.1-1050.2\/","token":"13.1\/12\/9\/13.1-1050.2","metadata":false},{"id":80731,"structure_id":14805,"section_number":"13.1-1050.3","catch_line":"Involuntary cancellation of limited liability company existence","url":"\/13.1-1050.3\/","token":"13.1\/12\/9\/13.1-1050.3","metadata":false},{"id":63048,"structure_id":14805,"section_number":"13.1-1050.4","catch_line":"Reinstatement of a limited liability company that has ceased to exist","url":"\/13.1-1050.4\/","token":"13.1\/12\/9\/13.1-1050.4","metadata":false},{"id":83822,"structure_id":14805,"section_number":"13.1-1050.5","catch_line":"Survival of remedy after cancellation of existence","url":"\/13.1-1050.5\/","token":"13.1\/12\/9\/13.1-1050.5","metadata":false}],"next_section":{"id":71676,"structure_id":14805,"section_number":"13.1-1047","catch_line":"Judicial dissolution","url":"\/13.1-1047\/","token":"13.1\/12\/9\/13.1-1047","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/13.1-1046\/","history_text":"

This law was first created in 1991. The record of its establishment is cataloged in chapter 168 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1991 \u201cActs\u201d aren\u2019t available online. It has been modified 9 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1994, chapter 348<\/a>; in 1995, chapter 168<\/a>; in 1996, chapter 265<\/a>; in 1997, chapter 190<\/a>; in 1998, chapter 432<\/a>; in 2000, chapter 581<\/a>; in 2001, chapter 548<\/a>; in 2008, chapters 108<\/a>, 588<\/a>, and 770<\/a>; in 2009, chapter 167<\/a>.<\/p>","references":[{"id":72538,"section_number":"13.1-1035","catch_line":"Restrictions on making distribution","order_by":null,"url":"\/13.1-1035\/"},{"id":75824,"section_number":"13.1-1047.1","catch_line":"Waiver of cancellation","order_by":null,"url":"\/13.1-1047.1\/"},{"id":63314,"section_number":"13.1-1099.12","catch_line":"Winding up dissolved protected series; voluntary cancellation","order_by":null,"url":"\/13.1-1099.12\/"},{"id":59572,"section_number":"13.1-1117","catch_line":"Conversion into nonprofessional company; disposition of membership interests of deceased or disqualified members","order_by":null,"url":"\/13.1-1117\/"}],"refers_to":[{"id":71676,"section_number":"13.1-1047","catch_line":"Judicial dissolution","order_by":null,"url":"\/13.1-1047\/"},{"id":76074,"section_number":"13.1-1050.2","catch_line":"Automatic cancellation of limited liability company existence","order_by":null,"url":"\/13.1-1050.2\/"},{"id":80731,"section_number":"13.1-1050.3","catch_line":"Involuntary cancellation of limited liability company existence","order_by":null,"url":"\/13.1-1050.3\/"}],"permalink":{"id":148953,"object_type":"law","relational_id":78398,"identifier":"13.1-1046","token":"13.1\/12\/9\/13.1-1046","url":"\/13.1-1046\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/13.1-1046\/","token":"13.1\/12\/9\/13.1-1046","dublin_core":{"Title":"Dissolution; generally","Type":"Text","Format":"text\/html","Identifier":"\u00a7 13.1-1046","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A limited liability company<\/span> 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:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> At the time or on the happening of any events specified in writing in the articles of organization<\/span> or an operating agreement<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Upon the unanimous written consent of the members<\/span>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> The entry of a decree<\/span> of judicial dissolution under § 13.1-1047<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Automatic cancellation of its existence pursuant to § 13.1-1050.2<\/a>; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Involuntary cancellation of its existence pursuant to § 13.1-1050.3<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDISSOLUTION; GENERALLY (\u00a7 13.1-1046)\n\nA limited liability company organized under this chapter is dissolved and its\naffairs shall be wound up upon the happening of the first to occur of the\nfollowing events:\n\n1. At the time or on the happening of any events specified in writing in the\narticles of organization or an operating agreement;\n\n2. Upon the unanimous written consent of the members;\n\n3. The entry of a decree of judicial dissolution under § 13.1-1047;\n\n4. Automatic cancellation of its existence pursuant to § 13.1-1050.2; or\n\n5. Involuntary cancellation of its existence pursuant to § 13.1-1050.3.\n\nHISTORY: 1991, c. 168; 1994, c. 348; 1995, c. 168; 1996, c. 265; 1997, c. 190;\n1998, c. 432; 2000, c. 581; 2001, c. 548; 2008, cc. 108, 588, 770; 2009, c. 167.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}