Illinois Compiled Statutes 805 Business Organizations: Article -

• Illinois Professional Association Act. - 805 ILCS 305, Section 0.01
  Short title. This Act may be cited as the Professional Association Act. (Source: P.A. 86-1324.)
• Illinois Professional Association Act. - 805 ILCS 305, Section 1
  Any 2 or more persons duly licensed to practice a profession under the laws of this State may form a professional association, as distinguished...
• Illinois Professional Association Act. - 805 ILCS 305, Section 2
  As used in this Act, the term "professional service" means any type of personal service to the public which requires as a condition precedent...
• Illinois Professional Association Act. - 805 ILCS 305, Section 2.1
  "Related professional services" means more than one professional service which requires as a condition precedent to the rendering thereof the obtaining of a license...
• Illinois Professional Association Act. - 805 ILCS 305, Section 3
  A professional association may adopt a name consisting of the full or last name of one or more of the associates, followed by the...
• Illinois Professional Association Act. - 805 ILCS 305, Section 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...
• Illinois Professional Association Act. - 805 ILCS 305, Section 5
  Each individual licensed in this State to perform professional services who is employed by a professional association shall remain subject to reprimand or discipline...
• Illinois Professional Association Act. - 805 ILCS 305, Section 6
  This Act does not alter any law applicable to the relationship between a person furnishing professional service and a person receiving such professional service...
• Illinois Professional Association Act. - 805 ILCS 305, Section 7
  Articles of association may provide that a professional association shall continue as a separate entity independent of its members, for all purposes for such...
• Illinois Professional Association Act. - 805 ILCS 305, Section 8
  A professional association organized pursuant to the provisions of this Act shall be governed by a Board of Directors or an Executive Committee elected...
• Illinois Professional Association Act. - 805 ILCS 305, Section 9
  Shares or units of ownership in a professional association shall be transferable to persons licensed to perform the same type of professional service as...
• Illinois Professional Association Act. - 805 ILCS 305, Section 10
  Regulation of practice of law. (a) The manner in which lawyers practice law under this Act is subject to the powers of the Supreme Court...

Last modified: February 18, 2015