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Vermont Statutes · § 831 — Notice of professional corporation status on shares

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.

Source notes
History and annotations

(Added 2001, No. 77 (Adj. Sess.), § 1.)

Official source for this version

Source captured 2026-09-25. Open the official source.

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