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Vt. Stat. Ann. tit. 11, § 822

General powers

Showing this section's text as in effect on July 1, 2021 (in force July 1, 2021 – June 1, 2022). View current text →

(1) Except as provided in subsection (b) of this section, a professional corporation has the powers enumerated in 11A V.S.A. § 3.02.

(2) A professional corporation may be a promoter, general partner, member, associate, or manager of a partnership, joint venture, trust, or other entity, only if the entity is engaged solely in rendering professional service or in carrying on business authorized by the professional corporation's articles of incorporation. Added 2001, No. 77 (Adj. Sess.), § 1.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.