10-2214. Prohibited activities; authorized investments
A. A professional corporation may not render any professional service or engage in any business other than the professional service, including services ancillary to the professional service, and the business authorized by its articles of incorporation, except to the extent that the other service or business is incidental to or an inconsequential portion of the authorized service or business of that corporation.
B. A professional corporation may invest its monies in or otherwise own real estate, mortgages, stocks, bonds, partnership interests, limited liability company memberships, securities or any other type of investment or property.
Section: Previous 10-2150 10-2201 10-2202 10-2210 10-2211 10-2212 10-2213 10-2214 10-2215 10-2220 10-2221 10-2222 10-2223 10-2224 10-2225 NextLast modified: October 13, 2016