Alabama § 10A-4-2.01 Purposes for Which Professional Corporations May Be Organized

Alabama Statutes

§ 10A-4-2.01 — Purposes for Which Professional Corporations May Be Organized

Alabama § 10A-4-2.01

Title 10AAlabama Business and Nonprofit Entities Code

Ch. 4Professional Corporations

Art. 2Purposes, Powers, and Organization

This text of Alabama § 10A-4-2.01 (Purposes for Which Professional Corporations May Be Organized) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 10A-4-2.01 (2026).

Text

A domestic professional corporation may be organized under this chapter for the purpose of, and shall have the power to render, professional services if the domestic professional corporation complies with the rules of the licensing authority for such profession; provided that in the case of a professional corporation, at least one stockholder of the professional corporation is duly licensed to provide each professional service for which the professional corporation is organized, or, in the case of a nonprofit professional corporation, all of the professional services rendered by the professional corporation are rendered by persons duly licensed to render the professional service.

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A domestic professional corporation may be organized under this chapter for the purpose of, and shall have the power to render, professional services if the domestic professional corporation complies with the rules of the licensing authority for such profession; provided that in the case of a professional corporation, at least one stockholder of the professional corporation is duly licensed to provide each professional service for which the professional corporation is organized, or, in the case of a nonprofit professional corporation, all of the professional services rendered by the professional corporation are rendered by persons duly licensed to render the professional service.

Legislative History

(Acts 1983, No. 83-514, p. 763, §4; Acts 1988, 1st Ex. Sess., No. 88-905, p. 474, §1; §10-4-383; amended and renumbered by Act 2009-513, p. 967, §203; Act 2024-413, §1.)