A professional corporation engaged in the practice of law, as a part of the practice of law, may act as an executor, trustee or administrator of an estate, or guardian for an infant, or in any other fiduciary capacity. Any officer, employee or agent of a professional corporation engaged in the practice of law who is duly licensed as an attorney in the Commonwealth may perform necessary fiduciary responsibilities on behalf of the corporation.
1989, c. 154.
Structure Code of Virginia
Chapter 7 - Professional Corporations
§ 13.1-542.1. Practice of certain professions by corporations
§ 13.1-544. Who may organize and become shareholder
§ 13.1-544.1. Use of initials "P.C." or "PC" in corporate name
§ 13.1-544.2. Certificate of authority for foreign professional corporations
§ 13.1-548. Corporation not to engage in other business; investment of funds
§ 13.1-549.1. Special provision for corporation engaged in practice of accounting
§ 13.1-549.2. Registration certificate required for corporation engaged in practice of law
§ 13.1-550. Transfer of shares
§ 13.1-551. Disqualification of shareholder
§ 13.1-553. Board of directors
§ 13.1-554.1. Income and property taxes
§ 13.1-556. Application of Chapter 9 or Chapter 10 of this title