Sec. 10.45.040. Prohibition against engaging in business; property and investments.
46 words·~1 min read·
/ak/title-10/chapter-45/10-45-040A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 10.45.040. Prohibition against engaging in business; property and investments.
A professional corporation may not engage in business; however, it may own real and personal property necessary for or appropriate in rendering its own professional services and may invest its funds in all types of investments.