North Carolina General Statutes Chapter 55B Professional Corporation Act

• N.C. Gen. Stat. § 55B-1.   Title
  This Chapter may be cited as "The Professional Corporation Act." (1969, c. 718, s. 1.)
• N.C. Gen. Stat. § 55B-2.   Definitions
  As used in this Chapter, the following words shall, unless the context requires otherwise, have the following meanings: (1) "Disqualified person" means a licensed...
• N.C. Gen. Stat. § 55B-3.   North Carolina Business Corporation Act applicable; other applicable law
  (a) Chapter 55 of the General Statutes, the North Carolina Business Corporation Act, applies to professional corporations, including their organization, and professional corporations shall...
• N.C. Gen. Stat. § 55B-4.   Formation of corporation
  A professional corporation under this Chapter may be formed pursuant to the provisions of Chapter 55, the North Carolina Business Corporation Act, with the...
• N.C. Gen. Stat. § 55B-5.   Corporate name
  The corporate name used by professional corporations under this Chapter, except as limited by the licensing acts of the respective professions, shall be governed...
• N.C. Gen. Stat. § 55B-6.   Capital stock
  (a) Except as provided in subsections (a1) and (b) of this section, a professional corporation may issue shares of its capital stock only to...
• N.C. Gen. Stat. § 55B-7.   Death or disqualification of a stockholder or employee
  (a) If any officer, shareholder, agent or employee of a corporation organized under this Chapter who is a licensee becomes legally disqualified to render...
• N.C. Gen. Stat. § 55B-8.   Rendition of professional services
  A professional service corporation may render professional services only through its officers, employees and agents who are duly licensed to render such professional services;...
• N.C. Gen. Stat. § 55B-9.   Professional relationship and liability
  (a) Relationship. - Nothing in this Chapter shall be interpreted to abolish, modify, restrict, limit or alter the law in this State applicable to...
• N.C. Gen. Stat. § 55B-10.   Registration with licensing board
  No professional corporation shall open, operate, or maintain an establishment for any of the purposes set forth in this Chapter without first having obtained...
• N.C. Gen. Stat. § 55B-11.   Renewal of certificate of registration
  Upon written application of the holder, accompanied by a fee not to exceed the sum of twenty-five dollars ($25.00), the licensing board shall renew...
• N.C. Gen. Stat. § 55B-12.   Application of regulations of licensing boards
  A professional corporation shall be subject to the applicable rules and regulations adopted by, and all the disciplinary powers of, the licensing board as...
• N.C. Gen. Stat. § 55B-13.   Suspension or revocation of certificate of registration
  A licensing board may suspend or revoke a certificate of registration issued by it to a domestic or foreign professional corporation for any of...
• N.C. Gen. Stat. § 55B-14.   Types of professional services
  (a) A professional corporation shall render only one specific type professional service, and such services as may be ancillary thereto, and shall not engage...
• N.C. Gen. Stat. § 55B-15.   Applicability of Chapter
  (a) This Chapter shall not apply to the following: (1) A corporation which prior to June 5, 1969, was permitted by law to render...
• N.C. Gen. Stat. § 55B-16.   Foreign professional corporations
  (a) A foreign professional corporation may apply for a certificate of authority to transact business in this State pursuant to the provisions of this...

Last modified: March 23, 2014