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2020 Vermont Statutes
Title 11 - Corporations, Partnerships and Associations
Chapter 4 - Professional Corporations
§ 824. Prohibited activities
Universal Citation: 11 V.S.A. § 824.
§ 824. Prohibited activities
(a) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its articles of incorporation.
(b) Subsection (a) of this section does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities, or any other type of investment. (Added 2001, No. 77 (Adj. Sess.), § 1.)
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