11 V.S.A. § 860
This is the official text of 11 V.S.A. § 860, part of Vermont’s V.S.A — part of the compiled statutory law of Vermont, published by the state as "V.S.A." Browse the sections below, each linked to its official government source.
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§ 860. Authority to transact business
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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