§ 825

Corporate name (a) The name of a domestic professional corporation and of a foreign professional corporation authorized to transact business in this State, in addition to satisfying the requirements of 11A V.S.A. §§ 4.01 and 15.06: (1) must contain the words 'professional corporation,' 'professional association,' 'limited,' or 'service corporation' or the abbreviation 'P.C.,' 'P.A.,' 'LTD.,' or 'S.C.'; (2) may not contain language stating or implying that it is incorporated for a purpose other than that authorized by section 821 of this title and its articles of incorporation; and (3) must conform with any rule promulgated by the licensing authority having jurisdiction over a professional service described in the corporation’s articles of incorporation. (b) 11A V.S.A. §§ 4.01 and 15.06 do not prevent the use of a name otherwise prohibited by those sections, if it is the personal name of a shareholder or former shareholder of the domestic or foreign professional corporation or the name of an individual who was associated with a predecessor of the corporation. (c) A person intending to operate a postsecondary school, as defined in 16 V.S.A.

reign professional corporation or the name of an individual who was associated with a predecessor of the corporation. (c) A person intending to operate a postsecondary school, as defined in 16 V.S.A. §§ 176 and 176a, shall apply for a certificate of approval from the State Board of Education prior to registering a name under this section. (Added 2001, No. 77 (Adj. Sess.), § 1; amended 2003, No. 107 (Adj. Sess.), § 15.)