48-101-606 - Powers Professional services. - Tennessee Statutes

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48-101-606. Powers Professional services.

(a) Except as provided in subsection (b), a professional corporation has the powers enumerated in chapter 13 of this title.

(b) A professional corporation may be a promoter, general partner, member, associate or manager of a partnership, joint venture, trust or other entity only if the entity is engaged solely in rendering professional services or in carrying on business authorized by the professional corporation's charter.

[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-606.]

State Codes and Statutes

Statutes > Tennessee > Title-48 > Chapter-101 > Part-6 > 48-101-606

48-101-606. Powers Professional services.

(a) Except as provided in subsection (b), a professional corporation has the powers enumerated in chapter 13 of this title.

(b) A professional corporation may be a promoter, general partner, member, associate or manager of a partnership, joint venture, trust or other entity only if the entity is engaged solely in rendering professional services or in carrying on business authorized by the professional corporation's charter.

[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-606.]

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State Codes and Statutes

Statutes > Tennessee > Title-48 > Chapter-101 > Part-6 > 48-101-606

48-101-606. Powers Professional services.

(a) Except as provided in subsection (b), a professional corporation has the powers enumerated in chapter 13 of this title.

(b) A professional corporation may be a promoter, general partner, member, associate or manager of a partnership, joint venture, trust or other entity only if the entity is engaged solely in rendering professional services or in carrying on business authorized by the professional corporation's charter.

[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-606.]