                                 CODE OF VIRGINIA

SURVIVAL OF REMEDY AFTER CANCELLATION OF EXISTENCE (§ 13.1-1050.5)

The cancellation of existence of a limited liability company shall not take away
or impair any remedy available to or against the limited liability company or
its members or managers for any right or claim existing, or any liability
incurred, before the cancellation. Any action or proceeding by or against the
limited liability company may be prosecuted or defended by the limited liability
company in its name. The members or managers shall have power to take limited
liability company action or other action as shall be appropriate to protect any
remedy, right, or claim.

HISTORY: 2016, c. 288.