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Section 48-101-624 - Dissolution of professional corporations — Tennessee Law | CourtGPT
  1. Home/
  2. Laws/
  3. Tennessee/
  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
  5. Miscellaneous Corporation Provisions/
  6. Chapter 101 - Special Purpose Corporations and Associations/
  7. Part 6 - Tennessee Professional Corporation Act/
  8. Section 48-101-624 - Dissolution of professional corporations
Tennessee Legal Code
The attorney general and reporter may commence a proceeding under chapter 24, part 3 of this title to dissolve a professional corporation if:(1) The secretary of state or a licensing authority with jurisdiction over a professional service described in the corporation's charter serves written notice on the corporation under § 48-15-104, that it has violated or is violating a provision of this part;(2) The corporation does not correct each alleged violation, or demonstrate to the reasonable satisfaction of the secretary of state or licensing authority that it did not occur, within sixty (60) days after service of the notice is perfected under § 48-15-104; and(3) The secretary of state or licensing authority certifies to the attorney general and reporter a description of the violation, that it notified the corporation of the violation, and that the corporation did not correct it, or demonstrate that it did not occur, within sixty (60) days after perfection of service of the notice.Acts 1992, ch. 698, § 1; T.C.A., § 48-3-624.

Section 48-101-624 - Dissolution of professional corporations

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