Code of Virginia - Title 13.1 Corporations - Section 13.1-1056.1 (Effective April 1, 2009) Automatic cancellation of certificate of registration

§ 13.1-1056.1. (Effective April 1, 2009) Automatic cancellation of certificate of registration

A. If any foreign limited liability company fails to pay its annual registration fee on or before December 31 of the year assessed, its certificate of registration to transact business in the Commonwealth shall be automatically canceled as of that day.

B. If any foreign limited liability company whose registered agent has filed with the Commission a statement of resignation pursuant to § 13.1-1017 fails to file a statement of change pursuant to § 13.1-1016 within 31 days after the date on which the statement of resignation was filed, the Commission shall mail notice to the foreign limited liability company of the impending cancellation of its certificate of registration. If the limited liability company fails to file the statement of change before the last day of the second month immediately following the month in which the impending cancellation notice was mailed, the limited liability company shall automatically cease to be authorized to transact business in the Commonwealth and its certificate of registration shall be automatically canceled as of that day.

(2008, c. 108.)

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Last modified: April 16, 2009