Professional services limited by charter
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608.
(1) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its charter.
(2) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.