Professional Corporations

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This is Chapter 7 of the Code of Virginia, titled “Professional Corporations.” It is part of Title 13.1 “Corporations”.

It’s comprised of the following 24 sections.

§ 13.1-542 Repealed
§ 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§ 13.1-545 Repealed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§ 13.1-549.3 Repealed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§ 13.1-554 Repealed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