reglab/housing_qa huggingface dataset:
V.I. Code tit. 13, § 110 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 110. Payment for stock; assessments

 The capital stock of a corporation shall be paid in such amounts and at such times as the directors may require. The directors may, from time to time, assess upon each share of stock not fully paid up, such sum of money as the necessities of the business may, in the judgment of the board of directors, require, not exceeding in the whole the balance remaining unpaid on said stock, up to the par value thereof, or in the case of stock without par value, not exceeding the price for which such stock was issued by the corporation, and such sum so assessed shall be paid to the treasurer at such time and by such installments or calls as the directors shall direct. The directors shall notify the time and place of such payments by written notice mailed at least 30 days before the time for such payment, to each stockholder at his last known post-office address.
V.I. Code tit. 13, § 111 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 111. Remedies for failure to pay for stock

 (a) When any stockholder fails to pay any installment or call upon his stock which may have been properly assessed thereon by the directors, at the time when such payment is due, the directors may collect the amount of any such installment or call or any balance thereof remaining unpaid, from the said stockholder by an action at law, or they shall sell at public sale such part of the shares of such delinquent stockholder as will pay all assessments then due from him with interest and all incidental expenses, and shall transfer the shares so sold to the purchaser, who shall be entitled to a certificate therefor. Notice of the time and place of such sale and of the sum due on each share shall be given by advertisement for three weeks successively, once in each week before the sale, in a newspaper of general circulation in the United States Virgin Islands, and such notice shall be mailed by the treasurer of the corporation to such delinquent stockholder at his last known post-office address, at least 20 days before such sale. If no bidder can be collected by a civil action, within one year from the date of the bringing of such civil action, the said stock and the amount previously paid in by the delinquent on the stock shall be forfeited to the corporation. (b) Any stock forfeited under the provisions of subsection (a) of this section may be reissued, or subscriptions therefor may be received, as in the case of stock not issued or subscribed for.
V.I. Code tit. 13, § 112 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 112. Certificate of payment of capital stock

 The president with the secretary or treasurer of every corporation organized under this chapter shall, upon the written request of any creditor of such corporation, who shall have obtained a judgment against it and order of execution against the corporation has been returned unsatisfied, make a certificate stating that all the issued shares have been paid in full, or in case any issued shares have not been so paid the amount of the installments or calls paid in cash or by the purchase of property, stating also the total amount of capital stock issued, which certificate shall be signed and sworn or affirmed to by the president and secretary or treasurer, and the president, secretary or treasurer shall within 30 days after the making of such certificate cause the certificate to be filed in the office of the Lieutenant Governor.
V.I. Code tit. 13, § 113 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 113. Lost or destroyed stock certificates; issuance of new certificate

 Every corporation organized under this chapter may issue a new certificate of stock in the place of any certificate theretofore issued by it, alleged to have been lost or destroyed, and the directors may require the owner of the lost or destroyed certificate, or his legal representative, to give the corporation a bond sufficient to indemnify the corporation against any claim that may be made against it on account of the alleged loss of any such certificate or the issuance of such new certificate. A new certificate may be issued without requiring any bond when in the judgment of the directors it is proper to do so.
V.I. Code tit. 13, § 114 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 114. Dividends; payment; wasting asset corporations

 (a) The directors of every corporation created under this chapter which has issued capital stock, subject to any restrictions contained in its articles of incorporation, may declare and pay dividends upon the shares of its capital stock but only out of its net assets in excess of its capital as computed under accepted accounting practice and in accordance with the provisions of section 100 of this title. (b) Subject to any restrictions contained in its articles of incorporation, the directors of any corporation engaged in the exploitation of wasting assets may determine the net profits derived from the exploitation of such wasting assets without taking into consideration the depletion of such assets resulting from lapse of time or from necessary consumption of such assets incidental to their exploitation.
V.I. Code tit. 13, § 115 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 115. Reserves

 Nothing contained in section 114 of this title shall prevent the stockholders of any corporation, or the directors thereof if the articles of incorporation shall so provide, from setting apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose or from abolishing any such reserve in the manner in which it was created.
V.I. Code tit. 13, § 116 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 116. Liability of directors as to dividends

 A director shall be fully protected in relying in good faith upon the books of account of the corporation or statements prepared by any of its officials as to the value and amount of the assets, liabilities and/or net profits of the corporation, or any other facts pertinent to the existence and amount of surplus or other funds from which dividends might be properly declared and paid.
V.I. Code tit. 13, § 117 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 117. Declaration and payment of dividends

 No corporation created under the provisions of this chapter, nor the directors thereof, shall pay dividends upon any shares of the corporation except in accordance with the provisions of this chapter. Dividends may be paid in cash, in property, or in shares of the capital stock, in the case of shares with par value at par, and in the case of shares without par value at such price as may be fixed by the board of directors.
V.I. Code tit. 13, § 118 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter V - Stock and Dividends|§ 118. Liability of directors for unlawful dividends; exoneration from liability

 In case of any willful or negligent violation of the provisions of section 117 of this title, the directors under whose administration the same may happen shall be jointly and severally liable, at any time within six years after paying such unlawful dividend, to the corporation and to its creditors, in the event of its dissolution or insolvency, to the full amount of the dividend unlawfully paid, with interest on the same from the time such liability accrued. Any director who may have been absent at the time when the act or resolution was adopted by which the unlawful dividends were subsequently paid, or who may have dissented from said act or resolution, may exonerate himself from such liability by causing his dissent to be entered at large on the books containing the minutes of the proceedings of the directors immediately after he has notice of the act or resolution, or at the time the same was adopted, if he was present at the meeting and dissented, or by causing a statement of his dissent to be published, within two weeks after he has notice of said act or resolution, in a newspaper of general circulation in the United States Virgin Islands.
V.I. Code tit. 13, § 181 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 181. Place of stockholders' and directors' meetings

 In all cases after the first meeting of the incorporators, the meetings of the stockholders of every corporation shall be held annually. The stockholders and directors may hold their meetings and have an office or offices outside of the United States Virgin Islands, if the bylaws so provide.
V.I. Code tit. 13, § 182 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 182. Voting rights of stockholders; proxies; limitations

 Unless otherwise provided in the articles of incorporation, each stockholder shall at every meeting of the stockholders be entitled to one vote in person or by proxy for each share of the capital stock held by such stockholder, but no proxy shall be voted on after one year from its date, unless the proxy provides for a longer period, and, except where the transfer books of the corporation have been closed or a date has been fixed as a record date for the determination of its stockholders entitled to vote as provided in section 183 of this title, no share of stock shall be voted on at any election for directors which has been transferred on the books of the corporation within 20 days next preceding such election of directors.
V.I. Code tit. 13, § 183 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 183. Closing transfer books or fixing date for determination of stockholders of record

 The board of directors may close the stock transfer books of the corporation for a period not exceeding 50 days preceding the date of any meeting of stockholders or the date for payment of any dividend or the date for the allotment of rights or the date when any change or conversion or exchange of capital stock shall go into effect or for a period of not exceeding 50 days in connection with obtaining the consent of stockholders for any purpose. In lieu of closing the stock transfer books as aforesaid, the bylaws may fix or authorize the board of directors to fix in advance a date, not exceeding 50 days preceding the date of any meeting of stockholders, or the date for the payment of any dividend, or the date for the allotment of rights, or the date when any change or conversion or exchange of capital stock shall go into effect, or a date in connection with obtaining such consent, as a record date for the determination of the stockholders entitled to notice of, and to vote at, any such meeting and any adjournment thereof, or entitled to receive payment of any such dividend, or to any such allotment of rights, or to exercise the rights in respect of any such change, conversion or exchange of capital stock, or to give such consent, and in such case such stockholders and only such stockholders as shall be stockholders of record on the date so fixed shall be entitled to such notice of, and to vote at, such meeting and any adjournment thereof, or to receive payment of such dividend, or to receive such allotment of rights, or to exercise such rights, or to give such consent, as the case may be, notwithstanding any transfer of any stock on the books of the corporation after any such record date fixed as aforesaid.
V.I. Code tit. 13, § 184 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 184. Cumulative voting

 The articles of incorporation of any corporation may provide that at all elections of directors of the corporation, each stockholder shall be entitled to as many votes as shall equal the number of votes which (except for such provision as to cumulative voting) he would be entitled to cast for the election of directors with respect to his shares of stock multiplied by the number of directors to be elected, and that he may cast all of such votes for a single director or may distribute them among the number to be voted for, or for any two or more of them as he may see fit, which right when exercised, shall be termed cumulative voting.
V.I. Code tit. 13, § 185 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 185. Quorum

 Subject to any provision of this chapter specifying the vote that shall be required for a specified action, the articles of incorporation or the bylaws may specify the number of shares and the amount of other securities having voting power the holders of which shall be present or represented by proxy at any meeting in order to constitute a quorum for, and the votes that shall be necessary for, the transaction of any business.
V.I. Code tit. 13, § 186 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 186. Voting rights of fiduciaries and pledgors

 Persons holding stock in a fiduciary capacity shall be entitled to vote the shares so held, and persons whose stock is pledged shall be entitled to vote, unless in the transfer by the pledgor on the books of the corporation he has expressly empowered the pledgee to vote thereon, in which case only the pledgee or his proxy may represent said stock and vote thereon.
V.I. Code tit. 13, § 187 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 187. Voting trusts

 A stockholder, by agreement in writing, may transfer his stock to a voting trustee or trustees for the purpose of conferring the right to vote thereon for a period not exceeding ten years upon the terms and conditions therein stated. Every other stockholder may transfer his stock to the same trustee or trustees and thereupon shall be a party to such agreement. The certificates of stock so transferred shall be surrendered and cancelled and new certificates therefor issued to such trustee or trustees in which it shall appear that they are issued pursuant to such agreement, and in the entry of such ownership in the proper books of such corporation that fact shall also be noted, and thereupon such trustee or trustees may vote upon the stock so transferred during the term of such agreement. A duplicate of every such agreement shall be filed in the principal office of the corporation in the United States Virgin Islands and at all times during business hours be open to inspection by any stockholder or his attorney. The trustee or trustees shall keep at their office or at a place available to certificate holders correct books of account of all their business and transactions, and a book to be known as the certificate book containing the names, alphabetically arranged, of all persons who are voting trust certificate holders, showing their places of residence, the number of shares of stocks represented by the certificates held by them respectively, and the time when they respectively became the owners thereof. The certificate book shall be open daily, during at least three business hours, for inspection by any person who shall have been a certificate holder for at least six months immediately preceding his demand. Persons so entitled to inspect the certificate book may make extracts therefrom. Any trustee who shall neglect or refuse to keep or cause to be kept such books or to keep any certificate book open for inspection, as herein required, shall forfeit the sum of $50 for every day he shall so neglect or refuse; it shall be the duty of the United States attorney to sue for and recover in the name of the Government of the United States Virgin Islands the penalty above provided, and the same, when so recovered shall be paid into the Treasury of the Government of the United States Virgin Islands. If any trustee shall willfully neglect or refuse to make any proper entry in such book or books or shall neglect or refuse to exhibit any such certificate book or to allow any such certificate book to be inspected and extracts taken therefrom as provided in this section, each such trustee shall, in addition, forfeit and pay to the party injured a penalty of $50 for every such neglect or refusal, and all damages resulting to him therefrom.
V.I. Code tit. 13, § 188 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 188. List of stockholders entitled to vote; penalty for refusal to produce

 The officer who has charge of the stock ledger of a corporation shall prepare and make, at least ten days before every election of directors, a complete list of the stockholders entitled to vote at said election, arranged in alphabetical order. Such list shall be open during the usual hours for business at the place where said election is to be held for 10 days next preceding the date of said election, to the examination of any stockholder, and shall be produced and kept at the time and place of election during the whole time thereof, and subject to the inspection of any stockholder who may be present. Upon the willful neglect or refusal of the said directors to produce such a list at any election they shall be ineligible to any office at such election.
V.I. Code tit. 13, § 189 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 189. Stock ledger; inspection; evidence

 The original or duplicate stock ledger certified by an officer of the corporation to be correct shall be the only evidence as to who are the stockholders entitled to examine the list required by section 188 of this title or the books and accounts of the corporation, or to vote in person or by proxy at any such election. The original or duplicate stock ledger containing the names and addresses of the stockholders, the number of shares held by them, respectively and the dates when they respectively became owners, shall, at all times, during the usual hours for business, be open to the examination of every stockholder at its principal office or place of business in the United States Virgin Islands, and such original or duplicate stock ledger certified by an officer of the corporation to be correct shall be evidence in all courts of the United States Virgin Islands.
V.I. Code tit. 13, § 190 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 190. Voting, inspection and other rights of bond and debenture holders

 Every corporation organized under this chapter may make suitable provision in its articles of incorporation and thereby to the extent, in the manner and subject to the conditions provided in the articles of incorporation confer upon the holders of any bonds or debentures issued or to be issued by any such corporation, whether secured by mortgage or otherwise, the power to vote in respect to the corporate affairs and management of the corporation to the same extent and in the same manner as stockholders of the corporation, as may be provided in the articles of incorporation and, in case of a default in the payment of the principal or interest on said bonds or debentures, or otherwise, or in any other case, confer upon such bondholders or debenture holders the same right of inspection of the corporate books and accounts and records of any such corporation, and also any other rights, which the stockholders of the corporation have or may have by reason of the provisions of any law of the United States Virgin Islands or pursuant to the provisions of the articles of incorporation.
V.I. Code tit. 13, § 191 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 191. Election of directors; manner, time, place and notice

 All elections of directors shall be by ballot, unless otherwise provided in the articles of incorporation. The first meeting for the election of directors, at which meeting any business may be transacted, shall be held at any place either within or without the United States Virgin Islands fixed by a majority of the incorporators in a writing signed by them, and thereafter meetings of the stockholders shall be held annually for the election of directors and the transaction of any other business at the time and place within or without the United States Virgin Islands named in the bylaws, and which shall not be changed within 60 days next before the day on which the election is to be held. A notice of any change shall be given to each stockholder 20 days before the election is held, in person or by letter mailed to his last known post-office address. The bylaws may state the city, town or village in which meetings of stockholders for the election of directors, after the first meeting, may be held and authorize the board of directors to fix the place within such city, town or village for the holding of such meeting. At least 10 days' notice shall be given to the stockholders of the place so fixed.
V.I. Code tit. 13, § 192 (2019)
2019 US Virgin Islands Code|Title 13 - Corporations and Associations|Chapter 1 - General Corporation Law|Subchapter VII - Meetings, Elections, Voting, and Notice|§ 192. Newly created directorships

 Newly created directorships resulting from any increase in the authorized number of directors, may be filled by a majority of the directors then in office, though less than a quorum, unless it is otherwise provided in the articles of incorporation or bylaws, and the directors so chosen shall hold office until the next annual elections and until their successors are duly elected and qualified, unless sooner displaced; but, if the directors then in office shall constitute less than a majority of the whole board (as constituted immediately prior to any such increase), upon application of any stockholder or stockholders holding at least 10 percent of the total number of shares of the capital stock of the corporation at the time outstanding having the right to vote for directors, the District Court of the United States Virgin Islands may summarily order an election to be held to fill any such newly created directorships, or to replace the director or directors chosen by the directors then in office as aforesaid, which election shall be governed by the provisions of section 193 of this title in so far as such provisions are applicable. The person or persons elected pursuant to said order shall serve as a director or as directors until the next annual meeting of stockholders and until their successors are duly elected and qualified, and shall displace any person or persons who may theretofore have been appointed by the directors then in office as aforesaid.