Vermont § 837 - Cancellation of disqualified shares
Full text of Vermont Vermont Statutes Online § 837 — Cancellation of disqualified shares, with citation guidance and answers to common questions.
§ 837. Cancellation of disqualified shares
- If the shares of a disqualified person or the estate of a deceased shareholder are
not acquired under section 834 or 835 of this title within 10 months after the death of the shareholder or within five months after the
disqualification or transfer, the professional corporation shall immediately cancel
the shares on its books, and the disqualified person or the estate of a deceased shareholder
has no further interest as a shareholder in the corporation, other than the right
to payment of the fair value of the shares under section 834 or 835 of this title. (Added 2001, No. 77 (Adj
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 837
What does Vermont Statutes Online § 837 cover?
Section 837 ("Cancellation of disqualified shares") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 837?
A common citation format is "Vermont Statutes Online § 837" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 837 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.