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Section 48-101-608 - Professional services limited by charter — Tennessee Law | CourtGPT
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  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
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  6. Chapter 101 - Special Purpose Corporations and Associations/
  7. Part 6 - Tennessee Professional Corporation Act/
  8. Section 48-101-608 - Professional services limited by charter
Tennessee Legal Code

Section 48-101-608 - Professional services limited by charter

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(a) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its charter.(b) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment.Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608.