Section 570. Definitions  


Latest version.
  • Part IX. Qualifications for Registration as a Professional Limited Liability Company

    A. Section 13.1-1102 of the Code of Virginia provides the definition of the following term:

    Professional Limited Liability Company ("P.L.C.," "PLC," "P.L.L.C.," or "PLLC")

    B. The following words, terms, and phrases when used in this part shall have the meanings ascribed to them except where the context clearly indicates or requires different meanings:

    "Manager" is a person or persons designated by the members of a limited liability company to manage the professional limited liability company as provided in the articles of organization or an operating agreement, and who is duly licensed or otherwise legally authorized to render one or more of the professional services of architects, professional engineers, land surveyors, landscape architects, or certified interior designers in the Commonwealth of Virginia.

    "Member" means an individual or professional business entity that owns an interest in a professional limited liability company.

    "Registration" means a certificate of authority issued by the board to transact business in Virginia pursuant to § 13.1-1111 of the Code of Virginia.

Historical Notes

Derived from VR130-01-2 § 9.1, eff. October 18, 1985; amended, Volume 04, Issue 08, eff. March 1, 1988; Volume 06, Issue 20, eff. September 1, 1990; Volume 07, Issue 14, eff. May 8, 1991; Volume 08, Issue 07, eff. February 1, 1992; Volume 10, Issue 15, eff. May 19, 1994; Volume 13, Issue 23, eff. October 1, 1997; Volume 16, Issue 03, eff. December 1, 1999; Volume 18, Issue 07, eff. March 1, 2002; Volume 23, Issue 01, eff. February 1, 2007; Volume 26, Issue 04, eff. July 1, 2010; Volume 32, Issue 06, eff. January 1, 2016.

Statutory Authority

§§ 54.1-201 and 54.1-404 of the Code of Virginia.