10-2241. Termination of professional corporation status
A. If a professional corporation ceases to render professional services or otherwise elects to terminate its professional corporation status, it shall amend its articles of incorporation to:
1. Delete references to rendering professional services, unless as described in section 10-2213 the services may be rendered in the business corporation form.
2. Delete references to it being a professional corporation.
3. Conform its corporation name to the requirements of section 10-401.
B. After the amendment becomes effective, the corporation may continue in existence as a business corporation under chapters 1 through 17 of this title and it is no longer subject to this chapter.
Section: Previous 10-2228 10-2230 10-2231 10-2232 10-2233 10-2234 10-2240 10-2241 10-2242 10-2244 10-2245 10-2246 10-2249 10-2251 10-2252 NextLast modified: October 13, 2016