Title 18, Business Structure and Function

A corporation may be formed under the General Corporation Law for the purposes of qualifying as a professional corporation in the manner provided in this Chapter and rendering professional services. The articles of incorporation of a professional corporation shall contain a speci…

Subject to the provisions of '13404, a professional corporation may lawfully render professional services, but only through employees who are licensed persons. The corporation may employ persons not so licensed, but such persons shall not render any professional services rendered…

Statements: Voting Trusts: Proxies. Shares of capital stock in a professional corporation may be issued only to a licensed person, and any shares issued in violation of this restriction shall be void. Unless there is a public offering of securities by a professional corporation, …

COL120106 Shares in a professional corporation may be transferred only to a licensed person or to such professional corporation, and any transfer in violation of this restriction shall be void. A professional corporation may purchase its own shares without regard to any restricti…

The following shall be grounds for the suspension or revocation of the certificate of registration of a professional corporation: (a) if all shareholders of such corporation shall at any one time become disqualified persons, or (b) if the sole shareholder shall become a disqualif…

A professional corporation may adopt any name permitted by law expressly applicable to the profession in which such corporation is engaged or by a rule or regulation of the governmental agency regulating such profession; provided, however, that such name shall not be substantiall…

A professional corporation shall be subject to the applicable rules and regulations adopted by, and all the disciplinary powers of, the governmental agency regulating the profession in which such corporation is engaged. Nothing in this Chapter shall affect or impair the disciplin…