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Notice of professional corporation status on shares

11 V.S.A. § 831
in effect
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831. Notice of professional corporation status on 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. Added 2001, No. 77 (Adj. Sess.), § 1.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/11/004/00831Fetched: 10/21/2026

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