Code of Virginia - Title 13.1 Corporations - Chapter 7 Professional Corporations

  • 13.1-542 Description unavailable
    Not set out. (1970, c. 77.) ...
  • 13.1-542.1 Practice of certain professions by corporations
    Unless otherwise prohibited by law or regulation, the professional services defined in subsection A of § 13.1-543 may be rendered in this Commonwealth by: 1. ...
  • 13.1-543 Definitions
    A. As used in this chapter: "Eligible employee stock ownership plan" means an employee stock ownership plan as such term is defined in § 4975(e) ...
  • 13.1-544 Who may organize and become shareholder
    A. An individual or group of individuals (i) duly licensed or otherwise legally authorized to render the same professional services other than those of architects, ...
  • 13.1-544.1 Use of initials "P.C." or "PC" in corporate name
    Any professional corporation as defined in § 13.1-543 may, but is not required to, use the initials "P.C." or "PC," or the phrase "professional corporation" ...
  • 13.1-544.2 Certificate of authority for foreign professional corporations
    A. Notwithstanding any other provision of this chapter, a foreign professional corporation, organized under the laws of a jurisdiction other than the Commonwealth of Virginia ...
  • 13.1-545 Description unavailable
    Repealed by Acts 1988, c. 765, effective January 1, 1989. ...
  • 13.1-545.1 Merger with foreign professional corporation or foreign professional limited liability compan...
    Any corporation organized under this chapter may merge with one or more foreign professional corporations that have obtained a certificate of authority to transact business ...
  • 13.1-546 How corporation may render professional services; nonprofessional employees and officers; organizer...
    No corporation organized and incorporated under this chapter may render professional services except through its officers, employees, independent contractors, and agents who are duly licensed ...
  • 13.1-546.1 Professional law corporations may qualify as executor, administrator or in other fiduciary capacit...
    A professional corporation engaged in the practice of law, as a part of the practice of law, may act as an executor, trustee or administrator ...
  • 13.1-547 Professional relationships not affected; liability for debts, etc., of corporation, its directors, ...
    The provisions of this chapter shall not be construed to alter or affect the professional relationship between a person furnishing professional services and a person ...
  • 13.1-548 Corporation not to engage in other business; investment of funds
    No corporation organized under this chapter shall engage in any business other than the rendering of the professional services for which it was specifically incorporated; ...
  • 13.1-549 Qualifications of shareholders; special provisions for corporations rendering services of architect...
    A. A corporation rendering the services of architects, professional engineers or land surveyors, or using the title of certified landscape architects or certified interior designers, ...
  • 13.1-549.1 Special provision for corporation engaged in practice of accounting
    Before any professional corporation may engage in the practice of accounting in this Commonwealth it shall first obtain and maintain any registration required for such ...
  • 13.1-549.2 Registration certificate required for corporation engaged in practice of law
    Before any professional corporation may engage in the practice of law in this Commonwealth, it shall first obtain and maintain a registration certificate required for ...
  • 13.1-549.3 Description unavailable
    Repealed by Acts 1994, c. 349. ...
  • 13.1-550 Transfer of shares
    A. No shareholder of a corporation organized under this chapter may sell or transfer his shares in such corporation except to (i) the corporation, (ii) ...
  • 13.1-551 Disqualification of shareholder
    If any officer, shareholder, agent or employee of a corporation organized under this chapter who has been rendering professional service to the public becomes legally ...
  • 13.1-552 Conversion into nonprofessional corporation; disposition of shares of deceased or disqualified shar...
    A. A corporation under this chapter shall have perpetual existence until its corporate existence is terminated in accordance with other provisions of this title. B. ...
  • 13.1-553 Board of directors
    Except as provided in an agreement adopted pursuant to § 13.1-671.1 that is not in conflict with § 13.1-544, a professional corporation organized pursuant to ...
  • 13.1-554 Description unavailable
    Repealed by Acts 2002, ch. 346. ...
  • 13.1-554.1 Income and property taxes
    All professional corporations organized or qualifying under the provisions of this chapter, shall be taxed as corporations for income tax purposes and shall be subject ...
  • 13.1-555 Merger
    A professional corporation operating pursuant to the terms of this chapter may merge with one or more corporations, limited liability companies, or domestic partnerships only ...
  • 13.1-556 Application of Chapter 9 or Chapter 10 of this title
    The provisions of Chapter 9 (§ 13.1-601 et seq.) or Chapter 10 (§ 13.1-801 et seq.), as the case may be, of this title shall ...

Last modified: April 2, 2009