It shall be unlawful for any person to transact business in this Commonwealth as a limited liability company or to offer or advertise to transact business in this Commonwealth as a limited liability company unless the alleged limited liability company is either a domestic limited liability company or a foreign limited liability company authorized to transact business in this Commonwealth. Any person who violates this section shall be guilty of a Class 1 misdemeanor.
Va. Code Ann. § 13.1-1007
Unlawful to transact or offer to transact business as a limited liability company unless authorized
Known as the Virginia Limited Liability Company Act
The act spans §§ 13–13 (156 sections).
Applied in 3 court decisions — leading case Geographic Network Affiliates-International, Inc. v. Enterprise for Empowerment Foundation (2005)
Most recently applied in 84 Va. Cir. 496 - Morse v. Barwick (May 2012)
1991, c. 168; 2013, c. 17.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.