CODE OF VIRGINIA

QUALIFICATIONS OF SHAREHOLDERS; SPECIAL PROVISIONS FOR CORPORATIONS RENDERING
SERVICES OF ARCHITECTS, PROFESSIONAL ENGINEERS, LANDSCAPE ARCHITECTS AND LAND
SURVEYORS, AND USING THE TITLE OF CERTIFIED INTERIOR DESIGNERS (§ 13.1-549)

A. A corporation rendering the services of architects, professional engineers,
land surveyors, or landscape architects, or using the title of certified
interior designers, or any combination thereof, shall issue not less than
two-thirds of its shares to individuals or professional business entities duly
licensed to render the services of architect, professional engineer, land
surveyor, or landscape architect, or to individuals legally authorized to use
the title of certified interior designer, and the remainder of said shares may
be issued only to and held by individuals who are employees of the corporation
whether or not such employees are licensed to render professional services or
authorized to use a title. For a corporation using the title of certified
interior designers and providing the services of architects, professional
engineers or land surveyors, or any combination thereof, not less than
two-thirds of its shares shall be held by individuals or professional business
entities who are duly licensed. No other professional corporation, except for a
corporation engaged in the practice of accounting as described in § 13.1-549.1,
may issue any of its shares to anyone other than an individual or professional
business entity who is duly licensed or otherwise legally authorized to render
the same specific professional services as those for which the corporation was
incorporated, including trustees of an eligible employee stock ownership plan.
Notwithstanding the above limitations, a professional corporation may (i) issue
its shares to a partnership each of the partners of which is duly licensed or
otherwise legally authorized to render the same professional services as those
for which the corporation was incorporated or (ii) issue any of its shares to,
and have as shareholders, directly or indirectly, whether through shares,
fractional shares, or rights or options to purchase shares, the trustees of an
eligible employee stock ownership plan.

B. As an additional prerequisite for a corporation engaging in the practice of
the professions of architecture, professional engineering, land surveying, or
landscape architecture, or using the title of certified interior designer, or
any combination thereof, such corporation shall secure a certificate of
authority, which may be renewable and may be either general or limited, from the
Board for Architects, Professional Engineers, Land Surveyors, Certified Interior
Designers and Landscape Architects. Such certificate of authority shall be
issued or renewed by the Board when in its discretion such corporation is in
compliance with rules and regulations which shall be promulgated by the said
Board consistent with its jurisdiction to provide adequate safeguards for the
public’s health, welfare and safety. The fees for a certificate of
authority as described above shall be the same fees as provided for in Chapter 4
(§ 54.1-400 et seq.) of Title 54.1.

HISTORY: 1970, c. 77; 1972, c. 655; 1980, c. 757; 1998, c. 27; 2000, cc. 191,
763; 2006, cc. 672, 715; 2008, c. 265; 2009, c. 309.