Alaska Statutes (Last Updated: January 11, 2017) |
Title 10. CORPORATIONS AND ASSOCIATIONS. |
Chapter 10.45. PROFESSIONAL CORPORATION ACT. |
Section 10.45.040. Prohibition against engaging in business; property and investments.
Latest version.
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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.
Notes
History
(Sec. 2 ch 128 SLA 1968)