Regulatory Alerts2018-02-21
Limited Partnership Regulations, 2018
The Cabinet of the Virgin Islands issued these regulations under the Limited Partnership Act, 2017 to establish detailed rules for limited partnership registration and operation. The document mandates specific requirements for partnership names, including restrictions on restricted words and procedures for registering foreign character names. It further defines eligibility criteria for liquidators, outlines the contents of the Register of Registered Charges and certificates of good standing, and imposes customer due diligence obligations on legal practitioners filing changes to registered agents.
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