30-1309 DISQUALIFICATION TO RENDER PROFESSIONAL SERVICE -- SEVERANCE OF RELATIONSHIP WITH CORPORATION -- EFFECT OF VIOLATION. - Idaho Statutes

State Codes and Statutes

Statutes > Idaho > Title30 > T30ch13 > T30ch13sect30-1309

TITLE 30

CORPORATIONS

CHAPTER 13

PROFESSIONAL SERVICE CORPORATIONS

30-1309. Disqualification to render professional service -- Severance of relationship with corporation -- Effect of violation. If any officer, shareholder, agent or employee of a corporation organized under this act who has been rendering professional service to the public becomes legally disqualified to render such professional services within this state or accepts employment that, pursuant to existing law, places restrictions or limitations upon his continued rendering of such professional services, he shall sever all employment with, and financial interests in, such corporation forthwith. A corporation’s failure to require compliance with this provision shall constitute a ground for forfeiture of its articles of incorporation and its dissolution. When a corporation’s failure to comply with this provision is brought to the attention of the office of the Secretary of State, the Secretary of State forthwith shall certify that fact to the Attorney General for appropriate action to dissolve the corporation.

State Codes and Statutes

Statutes > Idaho > Title30 > T30ch13 > T30ch13sect30-1309

TITLE 30

CORPORATIONS

CHAPTER 13

PROFESSIONAL SERVICE CORPORATIONS

30-1309. Disqualification to render professional service -- Severance of relationship with corporation -- Effect of violation. If any officer, shareholder, agent or employee of a corporation organized under this act who has been rendering professional service to the public becomes legally disqualified to render such professional services within this state or accepts employment that, pursuant to existing law, places restrictions or limitations upon his continued rendering of such professional services, he shall sever all employment with, and financial interests in, such corporation forthwith. A corporation’s failure to require compliance with this provision shall constitute a ground for forfeiture of its articles of incorporation and its dissolution. When a corporation’s failure to comply with this provision is brought to the attention of the office of the Secretary of State, the Secretary of State forthwith shall certify that fact to the Attorney General for appropriate action to dissolve the corporation.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > Idaho > Title30 > T30ch13 > T30ch13sect30-1309

TITLE 30

CORPORATIONS

CHAPTER 13

PROFESSIONAL SERVICE CORPORATIONS

30-1309. Disqualification to render professional service -- Severance of relationship with corporation -- Effect of violation. If any officer, shareholder, agent or employee of a corporation organized under this act who has been rendering professional service to the public becomes legally disqualified to render such professional services within this state or accepts employment that, pursuant to existing law, places restrictions or limitations upon his continued rendering of such professional services, he shall sever all employment with, and financial interests in, such corporation forthwith. A corporation’s failure to require compliance with this provision shall constitute a ground for forfeiture of its articles of incorporation and its dissolution. When a corporation’s failure to comply with this provision is brought to the attention of the office of the Secretary of State, the Secretary of State forthwith shall certify that fact to the Attorney General for appropriate action to dissolve the corporation.