Va. Code § 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 § 13.1-1238.1; or5. Involuntary cancellation of its existence pursuant to § 13.1-1238.2.2002, c. 621; 2008, cc. 101, 588, 770; 2009, c. 167.