Tennessee Statutes
§ 48-101-608 — Professional services limited by charter
Tennessee·Title 48
(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.
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Legislative History
Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608.
Nearby Sections
15
§ 48-1-101
Short title§ 48-1-102
Part definitions§ 48-1-103
Exemptions§ 48-1-105
Registration by coordination§ 48-1-106
Registration by qualification§ 48-1-109
Registration as broker-dealers, agents, investment advisers, and investment adviser representatives§ 48-1-111
Records and reports - Examinations§ 48-1-115
Administration