Vt. Stat. Ann. tit. 11, § 824
Prohibited activities
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its articles of incorporation.
(1) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its articles of incorporation.
(2) Subsection (a) of this section does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities, or any other type of investment. Added 2001, No. 77 (Adj. Sess.), § 1.
(2) Subsection (a) of this section does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities, or any other type of investment.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.