District of Columbia § 29-508 Qualifications of shareholders, director, and officer.

District of Columbia Statutes

§ 29-508 — Qualifications of shareholders, director, and officer.

District of Columbia § 29-508

Title 29Business Organizations. [Enacted title]

Ch. 5Professional Corporations.

This text of District of Columbia § 29-508 (Qualifications of shareholders, director, and officer.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 29-508 (2026).

Text

(a)For the purposes of this section, the term “officer” means the chair of the board, president, vice-president, treasurer, or secretary.

(b)A person shall not be a shareholder, director, or officer of a professional corporation or render professional services on its behalf unless the person is an individual licensed to render a professional service for which the corporation is organized; provided, that if a professional corporation has only one shareholder, the secretary of the corporation need not be licensed to perform, and shall not perform if not so licensed, such professional services.

(c)Nothing in this chapter shall require a shareholder or incorporator of a professional corporation to have a present or future employment relationship with the corporation or actively to partici

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(a) For the purposes of this section, the term “officer” means the chair of the board, president, vice-president, treasurer, or secretary.

(b) A person shall not be a shareholder, director, or officer of a professional corporation or render professional services on its behalf unless the person is an individual licensed to render a professional service for which the corporation is organized; provided, that if a professional corporation has only one shareholder, the secretary of the corporation need not be licensed to perform, and shall not perform if not so licensed, such professional services.

(c) Nothing in this chapter shall require a shareholder or incorporator of a professional corporation to have a present or future employment relationship with the corporation or actively to participate in any capacity in the production of income of, or performance of professional service by, such corporation.