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Section 10A-4-2.01 – Purposes for Which Professional Corporations May Be Organized.

Section 10A-4-2.01 Purposes for which professional corporations may be organized. Domestic professional corporations may be organized under this chapter only for the purpose of rendering professional services and services ancillary thereto within a single profession, except that the same professional corporation or nonprofit professional corporation may render medical, dental, and other health related services; provided […]

Section 10A-4-2.02 – Required Statement of Purpose in Certificate of Formation.

Section 10A-4-2.02 Required statement of purpose in certificate of formation. (a) Any corporation whose certificate of formation includes as a stated purpose the performance of professional services may be incorporated under this chapter by stating in its certificate of formation that it is incorporated under this chapter. (b) A professional business corporation, other than a […]

Section 10A-4-2.03 – Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation.

Section 10A-4-2.03 Powers of professional corporation generally; profession limited by certificate of formation. (a) Subject to Section 10A-4-5.07, a domestic professional corporation, including a professional corporation that is a nonprofit corporation, shall have all the powers necessary or convenient to effectuate its purposes, including those enumerated in Sections 10A-1-2.11, 10A-1-2.12, and 10A-1-2.13. (b) A domestic […]

Section 10A-4-2.04 – Rendition of Professional Services.

Section 10A-4-2.04 Rendition of professional services. A professional corporation, domestic or foreign, may render professional services in Alabama only through individuals permitted to render the services in Alabama; but nothing in this chapter shall be construed to require that any individual who is employed by a professional corporation be licensed to perform services for which […]