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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 11 : Corporations, Partnerships and Associations

Chapter 004 : PROFESSIONAL CORPORATIONS

Subchapter 006 : Foreign Professional Corporations

(Cite as: 11 V.S.A. § 860)
  • § 860. Authority to transact business

    (a) A foreign professional corporation may not transact business in this State until it obtains a certificate of authority from the Secretary of State.

    (b) A foreign professional corporation may not obtain a certificate of authority, unless:

    (1) its corporate name satisfies the requirements of section 825 of this title;

    (2) it is incorporated for one or more of the purposes described in section 821 of this title; and

    (3) all of its shareholders, not less than one-half of its directors, and all of its officers, other than its secretary and treasurer (if any), are licensed in one or more states to render a professional service described in its articles of incorporation, except as provided in section 881 of this title. (Added 2001, No. 77 (Adj. Sess.), § 1.)