§821. Purposes

Link to law: http://legislature.vermont.gov/statutes/section/11/004/00821
Published: 2015

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Title

11

:
Corporations, Partnerships and Associations






Chapter

004

:
PROFESSIONAL CORPORATIONS






Subchapter

002
:
CREATION










 

§

821. Purposes

(a) Except to

the extent authorized by subsection (b) of this section, a corporation may

elect professional corporation status under section 820 of this title, solely

for the purpose of rendering professional services (including services ancillary

to them) and solely within a single profession.

(b) A

corporation may elect professional corporation status under section 820 of this

title for the purpose of rendering professional service within two or more

professions, and for the purpose of engaging in any lawful business authorized

by 11A V.S.A. § 3.01, to the extent the combination of professional purposes or

of professional and business purposes is authorized by the licensing law of

this state applicable to each profession in the combination. (Added 2001, No.

77 (Adj. Sess.), § 1.)
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