Nothing contained in these provisions is to be interpreted to prohibit any corporation organized under this chapter from investing its funds in real estate, mortgages, stocks, bonds, or any investment not otherwise prohibited by the general corporation law, or from owning real or personal property appropriate to the rendering of professional services.
R.I. Gen. Laws § 7-5.1-4
Investments
Known as the Professional Service Corporation Law
The act spans §§ 7–7 (12 sections).
P.L. 1964, ch. 185, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.