Sec. 283.
(1) Except as provided in this section, 1 or more licensed persons may form a professional corporation under this chapter.
(2) Each shareholder of a professional corporation must be a licensed person in 1 or more of the professional services provided by the professional corporation.
(3) Except as provided in this section or otherwise prohibited, the articles of incorporation of a professional corporation shall state that the professional corporation is formed to provide 1 or more professional services and shall state the specific professional service or services the professional corporation is formed to provide.
(4) The name of a professional corporation shall contain the words "professional corporation" or the abbreviation "P.C." with or without periods or other punctuation.
History: Add. 2012, Act 569, Imd. Eff. Jan. 2, 2013
Last modified: October 10, 2016