Sec. 10.45.200. - Legal disqualification of corporate personnel. - Alaska Statutes

State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-45 > Sec-10-45-200

If a shareholder, director, officer, employee, or agent of a professional corporation is legally disqualified to render professional service in this state, or is elected or appointed to a public office which under law restricts or limits the rendering of professional services, that person shall sever all employment and financial interest in the professional corporation immediately. The failure of the directors or officers to require compliance with this section is sufficient ground for the forfeiture of the corporate franchise.

State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-45 > Sec-10-45-200

If a shareholder, director, officer, employee, or agent of a professional corporation is legally disqualified to render professional service in this state, or is elected or appointed to a public office which under law restricts or limits the rendering of professional services, that person shall sever all employment and financial interest in the professional corporation immediately. The failure of the directors or officers to require compliance with this section is sufficient ground for the forfeiture of the corporate franchise.

State Codes and Statutes

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State Codes and Statutes

Statutes > Alaska > Title-10 > Chapter-10-45 > Sec-10-45-200

If a shareholder, director, officer, employee, or agent of a professional corporation is legally disqualified to render professional service in this state, or is elected or appointed to a public office which under law restricts or limits the rendering of professional services, that person shall sever all employment and financial interest in the professional corporation immediately. The failure of the directors or officers to require compliance with this section is sufficient ground for the forfeiture of the corporate franchise.