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§ 243 — 243 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

243

U.S. Virgin Islands § 243 — U.S. Virgin Islands law

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(a) A foreign limited liability partnership transacting business in the Virgin Islands may not maintain an action or proceeding in the Virgin Islands unless it has in effect a statement of foreign qualification.\n(b) The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in the Virgin Islands.\n(c) Limitations on personal liability of partners are not waived solely by transacting business in the Virgin Islands without a statement of foreign qualification.\n(d) If a foreign limited liability partnership transacts business in the Virgin Islands without a statement of foreign qualification, the Lieutenant Governor is its agent for service of process with respect to causes of action arising out of the transaction of business in the Virgin Islands.