Section 79-10-91 - Authority to transact business

(1) A foreign professional corporation may not transact business in this state until it obtains a certificate of authority from the Secretary of State.(2) A foreign professional corporation may not obtain a certificate of authority unless: (a) Its corporate name satisfies the requirements of Section 79-10-21;(b) It is incorporated for one or more of the purposes described in Section 79-10-13; and(c) All of its shareholders would be qualified persons if the foreign professional corporation were a domestic professional corporation.Laws, 1995, ch. 494, § 25, eff. 7/1/1995.