SECTION 13.1-1234. Dissolution generally  


A business trust 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 trust or a governing instrument;

2. Upon the unanimous written consent of the beneficial owners;

3. The entry of a decree of judicial dissolution under § 13.1-1235 ;

4. Automatic cancellation of its existence pursuant to § 13.1-1235 ; or

5. Involuntary cancellation of its existence pursuant to § 13.1-1235 .

2002, c. 13.1-1235 ; 2008, cc. 13.1-1235 , 13.1-1235 , 13.1-1235 ; 2009, c. 13.1-1235 .