Professional Corporations
This is Chapter 7 of the Code of Virginia, titled “Professional Corporations.” It is part of Title 13.1, titled “Corporations.” It’s comprised of the following 24 sections.
- § 13.1-542
- Legislative intent [Not set out.]
- § 13.1-542.1
- Practice of certain professions by corporations
- § 13.1-543
- Definitions
- § 13.1-544
- Who may organize and become shareholder
- § 13.1-544.1
- Use of initials "P.C." or "PC" in corporate name
- § 13.1-544.2
- Certificate of authority for foreign professional corporations
- § 13.1-545
- Repealed
- § 13.1-545.1
- Merger with foreign professional corporation or foreign professional limited liability company
- § 13.1-546
- How corporation may render professional services; nonprofessional employees and officers; organizers and shareholders need not be employees, etc
- § 13.1-546.1
- Professional law corporations may qualify as executor, administrator or in other fiduciary capacity
- § 13.1-547
- Professional relationships not affected; liability for debts, etc., of corporation, its directors, officers and employees
- § 13.1-548
- Corporation not to engage in other business; investment of funds
- § 13.1-549
- 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
- § 13.1-549.1
- Special provision for corporation engaged in practice of accounting
- § 13.1-549.2
- Registration certificate required for corporation engaged in practice of law
- § 13.1-549.3
- Repealed
- § 13.1-550
- Transfer of shares
- § 13.1-551
- Disqualification of shareholder
- § 13.1-552
- Conversion into nonprofessional corporation; disposition of shares of deceased or disqualified shareholders
- § 13.1-553
- Board of directors
- § 13.1-554
- Repealed
- § 13.1-554.1
- Income and property taxes
- § 13.1-555
- Merger
- § 13.1-556
- Application of Chapter 9 or Chapter 10 of this title