The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 11 V.S.A. § 804)
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§ 804. Purpose for which incorporated
A professional corporation may be organized pursuant to the provisions of this chapter
only for the purpose of rendering one specific type of professional service and services
ancillary thereto and shall not engage in any other business than rendering the professional
service which it was organized to render and services ancillary thereto; provided,
however, that a professional corporation may own real and personal property necessary
or appropriate for rendering the type of professional services which it was organized
to render and may make such investment of its funds as is applicable for other corporations. (1963, No. 218, § 5, eff. July 3, 1963.)