                                 CODE OF VIRGINIA

ARTICLES OF CANCELLATION (§ 13.1-1050)

A. When the affairs of a limited liability company have been wound up pursuant
to § 13.1-1048, it shall file articles of cancellation with the Commission. The
articles shall set forth:

   1. The name of the limited liability company;

   2. The identification number issued by the Commission to the limited liability
   company;

   3. The effective date of its certificate of organization;

   4. A statement that the limited liability company has completed the winding up
   of its affairs; and

   5. Any other information the members determine to include therein, including
   the reason for filing the articles of cancellation.

B. If the Commission finds that the articles of cancellation comply with the
requirements of law and that all required fees have been paid, it shall by order
issue a certificate of cancellation, canceling the limited liability
company&#8217;s existence. Upon the effective date of such certificate, the
existence of the limited liability company shall cease, except for the purpose
of suits, other proceedings, and appropriate actions by members as provided in
this chapter.

HISTORY: 1991, c. 168; 2006, c. 748; 2008, c. 108; 2013, c. 17.