Vermont § 1626 Failure to register; enforcing compliance

Vermont Statutes

§ 1626 — Failure to register; enforcing compliance

Vermont § 1626

Title 11Title 11: Corporations, Partnerships and Associations

Ch. 15Chapter 015: Assumed Business Names, Partnerships, And Unincorporated Nonprofit Associations; Administrative Authority; Administrative Provisions

This text of Vermont § 1626 (Failure to register; enforcing compliance) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 11, § 1626 (2026).

Text

(a)A person transacting business in this State who is not registered with the Secretary of State as required under this subchapter and any successor to the person or assignee of a cause of action arising out of the business of the person, may not maintain an action or proceeding or raise a counterclaim, crossclaim, or affirmative defense in this State until the person, successor, or assignee registers with the Secretary.

(b)The failure of a person to register as required under this subchapter does not impair the validity of a contract or act of the person or preclude it from defending an action or proceeding in this State.

(c)An individual does not waive a limitation on his or her personal liability afforded by other law solely by transacting business in this State without registering w

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A person transacting business in this State who is not registered with the Secretary of State as required under this subchapter and any successor to the person or assignee of a cause of action arising out of the business of the person, may not maintain an action or proceeding or raise a counterclaim, crossclaim, or affirmative defense in this State until the person, successor, or assignee registers with the Secretary.
(b) The failure of a person to register as required under this subchapter does not impair the validity of a contract or act of the person or preclude it from defending an action or proceeding in this State.
(c) An individual does not waive a limitation on his or her personal liability afforded by other law solely by transacting business in this State without registering with the Secretary of State as required under this subchapter.
(d) If a person transacts business in this State without registering with the Secretary of State as required under this subchapter, the Secretary is its agent for service of process with respect to a right of action arising out of the transaction of business in this State.
(e) A person that transacts business in this State without registering with the Secretary of State as required under this subchapter shall be liable to the State for:
(1) a civil penalty of $50.00 for each day, not to exceed a total of $10,000.00 for each year, it transacts business in this State without a registration;
(2) an amount equal to the fees due under this subchapter during the period it transacted business in this State without a registration; and
(3) other penalties imposed by law.
(f) The Attorney General may maintain an action in the Civil Division of the Superior Court to collect the penalties imposed in subsection (e) of this section and to restrain a person from transacting business in this State in violation of this subchapter. (Amended 1961, No. 217, § 1, eff. July 13, 1961; 1981, No. 125 (Adj. Sess.), § 4; 1995, No. 179 (Adj. Sess.), § 10; 2015, No. 128 (Adj. Sess.), § C.3; 2025, No. 10, § 4, eff. July 1, 2025.)