Section 560. Amendments and changes  


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  • A. Amendments to charter, articles of incorporation or bylaws. A corporation holding a registration to practice in one or in any combination of the professions covered in these regulations shall file with the board, within 30 days of its adoption, a copy of any amendment to the articles of incorporation, bylaws or charter.

    B. Change in directors or shareholders. The following shall apply to the board-issued registration upon the event of any change in directors or shareholders whether the change is temporary or permanent, caused by death, resignation, or otherwise:

    1. The professional corporation shall notify the board within 30 days of any change in its directors or shareholders;

    2. In the event of a change in the corporate directors or shareholders, the board-issued registration shall be limited to the professional practices permitted by those pertinent licenses or certificates held by the remaining directors and shareholders of the corporation unless an employee of the firm holds the appropriate license or certificate and is competent to render such professional services; and

    3. In the event that a change results in the professional corporation's noncompliance with the requirements of this chapter and applicable statutes relating to ownership of capital stock or composition of the board of directors, the board-issued registration shall be automatically suspended until such time as the corporation comes into compliance with this chapter.

    C. Change of name, address and place of business. The professional corporation shall notify the board, in writing, within 30 days of any of the following changes at each place of business:

    1. Any change of name (including assumed names), address, place of business in Virginia, or responsible person of the profession offered or practiced; and

    2. Any change in the employment status of a licensed or certified employee responsible for professional practice.

Historical Notes

Derived from VR130-01-2 § 8.6, 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 32, Issue 06, eff. January 1, 2016.

Statutory Authority

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