§ 851 - Termination of professional activities - Vermont Statutes

§ 851. Termination of professional activities TITLE 11Corporations, Partnerships and AssociationsCHAPTER 4. PROFESSIONAL CORPORATIONSSubchapter V. Reorganization and Termination

§ 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 section 4.01 of Title 11A. 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.)