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Illinois Compiled Statutes 805 ILCS 305 Professional Association Act. Section 4

Legal Research Home > Illinois Laws

(805 ILCS 305/4) (from Ch. 106 1/2, par. 104)

Sec. 4. A professional association may in its own name invest its funds in real estate, mortgages, stocks, bonds, or any other type of investment, and may own real or personal property necessary or appropriate for rendering its professional service.

(Source: Laws 1961, p. 3061.)

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Last modified: February 20, 2012