§ 851. Termination of professional activities
If a professional corporation ceases to render professional services, it must amend its articles of incorporation to delete references to rendering professional services and to conform its corporate name to the requirements of 11A V.S.A. § 4.01. After the amendment becomes effective, the corporation may continue in existence as a business corporation under Title 11A, and it is no longer subject to this chapter. (Added 2001, No. 77 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 4 - Professional Corporations
§ 816. Application of Vermont Business Corporation Act
§ 820. Election of professional corporation status
§ 823. Rendering professional services
§ 831. Notice of professional corporation status on shares
§ 832. Share transfer restriction
§ 833. Compulsory acquisition of shares after death or disqualification of shareholder
§ 835. Court action to appraise shares
§ 836. Court costs and fees of experts
§ 837. Cancellation of disqualified shares
§ 842. Confidential relationship
§ 843. Privileged communications
§ 844. Responsibility for professional services
§ 851. Termination of professional activities
§ 860. Authority to transact business
§ 861. Application for certificate of authority
§ 862. Revocation of certificate of authority
§ 870. Articles of incorporation for licensing authority
§ 871. Annual report for Secretary of State
§ 872. Licensing authority’s regulatory jurisdiction
§ 873. Penalty for signing false document