Dissolution; generally
Va. Code Ann. § 13.1-741.2
in effectA corporation organized under this chapter is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following events:
1. At the time or on the happening of any events specified in writing in the articles of incorporation or bylaws;
2. Dissolution by directors and shareholders pursuant to § 13.1-742 ;
3. The entry of a decree of judicial dissolution under § 13.1-747 ;
4. Automatic termination of its existence pursuant to § 13.1-752 ; or
5. Involuntary termination of its existence pursuant to § 13.1-753 .
2026, cc. 383 , 892 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/13.1-741.2/Fetched: 10/16/2026
