A professional corporation operating pursuant to the terms of this chapter may merge with one or more corporations, limited liability companies, or domestic partnerships only if the surviving corporation, limited liability company, or domestic partnership is a professional corporation, a professional limited liability company, or a domestic partnership all of the partners of which are professional corporations, professional limited liability companies, or individuals duly licensed or otherwise legally authorized to render the same professional services as those for which the surviving professional corporation, professional limited liability company, or domestic partnership was incorporated or organized.
1970, c. 77; 2008, c. 509.
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