Vermont Statutes Title 11 Sec. 823
Terms Used In Vermont Statutes Title 11 Sec. 823
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Domestic: when applied to a corporation, company, association, or copartnership shall mean organized under the laws of this State; "foreign" when so applied, shall mean organized under the laws of another state, government, or country. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 823. Rendering professional services
(a) A domestic or foreign corporation may render professional services in this State through individuals licensed or otherwise authorized in this State to render the services.
(b) Subsection (a) of this section does not:
(1) require an individual employed by a professional corporation to be licensed to perform services for the corporation if a license is not otherwise required;
(2) prohibit a licensed individual from rendering professional services in his or her individual capacity although the individual is a shareholder, director, officer, employee, or agent of a domestic or foreign professional corporation;
(3) prohibit an individual licensed under a law other than the law of this State from rendering professional services for a domestic or foreign professional corporation in this State if not prohibited by the licensing authority. (Added 2001, No. 77 (Adj. Sess.), § 1.)
Vermont Statutes Title 11 Sec. 823
Terms Used In Vermont Statutes Title 11 Sec. 823
§ 823. Resignation and removal of officers
(a) The board of directors may remove an officer at any time with or without cause.
(b) An officer of a mutual benefit enterprise may resign at any time by giving notice in a record to the enterprise. Unless the notice specifies a later time, the resignation is effective when the notice is given. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)