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Vt. Stat. Ann. tit. 11, § 844

Responsibility for professional services

Known as the Vermont Professional Corporation Act

The act spans §§ 11–11 (34 sections).

Added 2001, No. 77 (Adj

(a) An obligation of a professional corporation, whether arising in contract, tort, or otherwise, is solely the obligation of the professional corporation.

(b) Except as otherwise provided by statute, if a domestic or foreign professional corporation is liable under subsection (a) of this section, every shareholder of the corporation is liable to the same extent as if he or she were a partner in a limited liability partnership pursuant to subsection 3226(c) of this title.

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