14A:17-11 - Disqualification to render service
14A:17-11.Ā Disqualification to render service If any officer, shareholder, agent or employee of a professional corporationĀ becomes legally disqualified to render the same professional service as thatĀ for which the corporation was organized, he shall forthwith sever allĀ employment with such corporation and shall not, directly or indirectly,Ā participate or share, as a shareholder, in any earnings or profits realized byĀ such corporation on account of professional services rendered on or after theĀ effective date of such disqualification.
L.1969, c. 232, s. 11, eff. Dec. 16, 1969.
Ā
L.1969, c. 232, s. 11, eff. Dec. 16, 1969.
Ā