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Vermont · Through 2025 session

11 V.S.A. § 831: Notice of professional corporation status on shares

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Where this section sits in the code
  1. Title 11: Corporations, Partnerships and Associations
  2. Chapter 004: Professional Corporations
  3. Subchapter 003: SHARES

(a) The following statement must appear conspicuously on each share certificate issued by a professional corporation:

“The transfer of shares of a professional corporation is restricted by the Vermont Professional Corporation Chapter, and is subject to further restriction imposed from time to time by the licensing authority. Shares of a professional corporation are also subject to a statutory compulsory repurchase obligation.”

(b) Within a reasonable time after the issuance or transfer of uncertificated shares of a professional corporation, the corporation shall send the shareholders a written notice, containing the statement required by subsection (a) of this section.

Collected 2026-09-05T15:53:51Z. Source file · JSON

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