Professional services limited by charter

Tenn. Code Ann. § 48-101-608, under Tennessee Professional Corporation Act.

Tenn. Code Ann. § 48-101-608

(a) 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.

(b) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment.