Virginia Code 13.1-1123: Coordination with other provisions of Virginia Code
Current as of: 2023 | Check for updates
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For purposes of all sections of this Code other than sections in Chapter 7 (§ 13.1-542.1 et seq.) and in this chapter, whenever the term “professional corporation” is used, that term shall be deemed to include a professional limited liability company, and wherever the terms “shareholder,” “employee,” “officer” or “agent” are used, those terms shall be deemed to include, as appropriate, the terms member, manager, employee, and agent.
Terms Used In Virginia Code 13.1-1123
- Professional limited liability company: means a limited liability company whose articles of organization set forth a sole and specific purpose permitted by this chapter and that is either (i) organized under this chapter for the sole and specific purpose of rendering professional service other than that of architects, professional engineers, land surveyors, or landscape architects, or using a title other than that of certified interior designers and, except as expressly otherwise permitted by this chapter, that has as its members only individuals or professional business entities that are duly licensed or otherwise legally authorized to render the same professional service as the professional limited liability company or (ii) organized under this chapter for the sole and specific purpose of rendering professional service of architects, professional engineers, land surveyors, or landscape architects or using the title of certified interior designers, or any combination thereof, and at least two-thirds of whose membership interests are held by persons duly licensed within the Commonwealth to perform the services of an architect, professional engineer, land surveyor, or landscape architect, or by persons legally authorized within the Commonwealth to use the title of certified interior designer; or (iii) organized under this chapter for the sole and specific purpose of rendering the professional services of one or more practitioners of the healing arts, licensed under the provisions of Chapter 29 of Title 54. See Virginia Code 13.1-1102