Va. Code § 13.1-1116

Current with changes from the 2024 legislative session through ch. 845
Section 13.1-1116 - Disqualification of member, manager, agent or employee

If any member, manager, agent or employee of a professional limited liability company organized under this chapter who has been rendering professional service to the public becomes legally disqualified to render those professional services within this Commonwealth, that member, manager, agent or employee shall immediately sever all employment with, and financial interests in, that professional limited liability company except that the member, manager, agent or employee may be a member subject to the provisions of this chapter. A professional limited liability company's failure to require compliance with this provision shall constitute a ground for the forfeiture of its articles of organization and the cancellation of its existence by the State Corporation Commission.

Va. Code § 13.1-1116

1992, c. 574; 2009, c. 201.
Amended by Acts 2009, § c.201.
Amended by Acts 1992, § c. 574.