A. The certificate of registration to transact business in the Commonwealth of any foreign limited liability company may be canceled involuntarily by order of the Commission when it finds that the foreign limited liability company:
1. Has continued to exceed or abuse the authority conferred upon it by law;
2. Has failed to maintain a registered office or a registered agent in the Commonwealth as required by law;
3. Has failed to file any document required by this chapter to be filed with the Commission;
4. No longer exists under the laws of the state or other jurisdiction of its organization; or
5. Has been convicted for a violation of 8 U.S.C. § 1324a (f), as amended, for actions of its members or managers constituting a pattern or practice of employing unauthorized aliens in the Commonwealth.
B. Before entering any such order the Commission shall issue a rule against the foreign limited liability company giving it an opportunity to be heard and show cause why such an order should not be entered. The Commission may issue the rule on its own motion or on motion of the Attorney General.
C. The authority of a foreign limited liability company to transact business in the Commonwealth ceases on the date shown on the order canceling its certificate of registration.
D. The Commission's cancellation of a foreign limited liability company's certificate of registration appoints the clerk of the Commission the foreign limited liability company's agent for service of process in any proceeding based on a cause of action arising during the time the foreign limited liability company was registered to transact business in the Commonwealth. Service of process on the clerk of the Commission under this subsection is service on the foreign limited liability company and shall be made on the clerk in accordance with § 12.1-19.1.
E. Cancellation of a foreign limited liability company's certificate of registration does not terminate the authority of the registered agent of the foreign limited liability company.
F. Any foreign limited liability company convicted of the offense listed in subdivision A 5 shall immediately report such conviction to the Commission and file with the Commission an authenticated copy of the judgment or record of conviction. A certificate of registration canceled pursuant to subdivision A 5 shall not be eligible for reinstatement for a period of not less than one year.
2008, c. 108; 2009, c. 167.
Structure Code of Virginia
Chapter 12 - Virginia Limited Liability Company Act
§ 13.1-1001. Reservation of power to amend or repeal
§ 13.1-1003. Filing requirements
§ 13.1-1003.1. Filings with the Commission pursuant to reorganization
§ 13.1-1004. Issuance of certificate by Commission; recordation of documents
§ 13.1-1006. Penalty for signing false documents
§ 13.1-1011. Articles of organization
§ 13.1-1011.1. Articles of correction
§ 13.1-1014. Amendment of articles of organization
§ 13.1-1014.1. Restatement of articles of organization
§ 13.1-1015. Registered office and registered agent
§ 13.1-1016. Change of registered office or registered agent
§ 13.1-1017. Resignation of registered agent
§ 13.1-1018. Service on limited liability company
§ 13.1-1018.1. Change of principal office
§ 13.1-1019. Liability to third parties
§ 13.1-1020. Parties to actions
§ 13.1-1021. Limited liability company property
§ 13.1-1021.1. Agency of members and managers
§ 13.1-1022. Management of limited liability company
§ 13.1-1023. Operating agreement
§ 13.1-1023.1. Remedies for breach of operating agreement by member or manager
§ 13.1-1024. Management of a limited liability company by a manager or managers
§ 13.1-1024.1. General standards of conduct for a manager
§ 13.1-1025. Limitation of liability of members and managers; exception
§ 13.1-1026. Business transactions of members or managers with the limited liability company
§ 13.1-1028. Information and records
§ 13.1-1029. Sharing of profits and losses
§ 13.1-1030. Sharing of distributions
§ 13.1-1031. Interim distributions
§ 13.1-1032. Resignation of member
§ 13.1-1034. Distribution in kind
§ 13.1-1035. Restrictions on making distribution
§ 13.1-1036. Liability upon wrongful distribution
§ 13.1-1037. Right to distribution
§ 13.1-1038. Nature of interest in limited liability company
§ 13.1-1038.1. Admission of members
§ 13.1-1039. Assignment of interest
§ 13.1-1040. Right of assignee to become member
§ 13.1-1040.1. Events causing member's dissociation
§ 13.1-1040.2. Effect of a member's dissociation
§ 13.1-1041.1. Member's transferable interest subject to charging order
§ 13.1-1042. Right of action; standing; condition precedent; stay of proceeding
§ 13.1-1046. Dissolution; generally
§ 13.1-1047. Judicial dissolution
§ 13.1-1047.1. Waiver of cancellation
§ 13.1-1049. Distribution of assets upon dissolution
§ 13.1-1049.1. Known claims against dissolved limited liability company
§ 13.1-1049.2. Other claims against dissolved limited liability company
§ 13.1-1049.3. Court proceedings
§ 13.1-1050. Articles of cancellation
§ 13.1-1050.2. Automatic cancellation of limited liability company existence
§ 13.1-1050.3. Involuntary cancellation of limited liability company existence
§ 13.1-1050.4. Reinstatement of a limited liability company that has ceased to exist
§ 13.1-1050.5. Survival of remedy after cancellation of existence
§ 13.1-1051. Authority to transact business required; governing law
§ 13.1-1052. Application for certificate of registration
§ 13.1-1054. Name of foreign limited liability company
§ 13.1-1055. Amendments; amended applications for registration
§ 13.1-1056. Voluntary cancellation of certificate of registration
§ 13.1-1056.1. Automatic cancellation of certificate of registration
§ 13.1-1056.2. Involuntary cancellation of certificate of registration
§ 13.1-1056.3. Reinstatement of a certificate of registration that has been canceled
§ 13.1-1057. Transaction of business without registration
§ 13.1-1058. Actions by Attorney General
§ 13.1-1059. Transactions not constituting doing business
§ 13.1-1064. Penalty for failure to timely pay annual registration fees
§ 13.1-1066. Collection of unpaid bills for annual registration fees
§ 13.1-1067. Property title records
§ 13.1-1071. Action on a plan of merger
§ 13.1-1072. Articles of merger
§ 13.1-1073.1. Abandonment of merger
§ 13.1-1076. Action on plan of domestication by a domestic limited liability company
§ 13.1-1077. Articles of domestication
§ 13.1-1078. Surrender of articles of organization upon domestication
§ 13.1-1079. Effect of domestication
§ 13.1-1080. Abandonment of domestication
§ 13.1-1082. Entity conversion
§ 13.1-1083. Plan of entity conversion
§ 13.1-1084. Action on plan of entity conversion
§ 13.1-1085. Articles of entity conversion
§ 13.1-1086. Effect of entity conversion
§ 13.1-1087. Abandonment of entity conversion
§ 13.1-1089. Nature of protected series
§ 13.1-1090. Powers and duration of protected series
§ 13.1-1092. Relation of operating agreement, this article, and the other articles of this chapter
§ 13.1-1093. Additional limitations on operating agreement
§ 13.1-1095. Protected series designation; amendment
§ 13.1-1097. Registered office and registered agent
§ 13.1-1098. Service of process, notice, or demand
§ 13.1-1099. Effectiveness of notice
§ 13.1-1099.1. Annual registration fees
§ 13.1-1099.2. Associated assets
§ 13.1-1099.3. Associated members
§ 13.1-1099.4. Protected series membership interests
§ 13.1-1099.7. Limitations on liability
§ 13.1-1099.8. Claim seeking to disregard limitation of liability
§ 13.1-1099.9. Remedies of judgment creditor of associated member or protected series assignee
§ 13.1-1099.10. Enforcement of claim against non-associated asset
§ 13.1-1099.11. Events causing dissolution of protected series
§ 13.1-1099.12. Winding up dissolved protected series; voluntary cancellation
§ 13.1-1099.14. Protected series may not be party to entity transaction
§ 13.1-1099.16. Merger authorized; parties restricted
§ 13.1-1099.17. Plan of merger
§ 13.1-1099.18. Articles of merger
§ 13.1-1099.19. Effect of merger
§ 13.1-1099.20. Application of § 13.1-1099.10 after merger
§ 13.1-1099.25. Uniformity of application and construction
§ 13.1-1099.26. Effect on certain actions
§ 13.1-1099.27. Relation to Electronic Signatures in Global and National Commerce Act