79-10-11 - Election of professional corporation status.
§ 79-10-11. Election of professional corporation status.
(1) One or more persons may incorporate a professional corporation by delivering to the Secretary of State for filing articles of incorporation which include a statement that (a) it is a professional corporation, and (b) its purpose is to render the specified professional services.
(2) A corporation incorporated under a general law of this state (other than a professional corporation in existence on July 1, 1995, which is subject to the provisions of Section 79-10-111) may elect professional corporation status by amending its articles of incorporation to comply with section (1) of this section and Section 79-10-21.
(3) Nothing in this chapter shall be construed to require a person rendering professional services in this state to render such services through a professional corporation or foreign professional corporation unless a law of this state other than this chapter so requires.
Sources: Laws, 1995, ch. 494, § 4, eff from and after July 1, 1995.