Terms Used In Vermont Statutes Title 11 Sec. 5-01

  • 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
  • domestic corporation: means a corporation for profit, which is not a foreign corporation, incorporated under or subject to the provisions of this title. See
  • Foreign corporation: means a corporation for profit incorporated under a law other than the law of this State. See
  • Individual: includes the estate of an individual who is incompetent or deceased. 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

§ 5.01. Registered office and registered agent

Each corporation must continuously maintain in this State:

(1) a registered office that may be the same as any of its places of business; and

(2) a registered agent, who may be:

(A) an individual who resides in this State and whose business office is identical with the registered office;

(B) a domestic corporation or nonprofit domestic corporation whose business office is identical with the registered office; or

(C) a foreign corporation or nonprofit foreign corporation authorized to transact business in this State whose business office is identical with the registered office. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)