No corporation organized under this chapter shall engage in any business other than the rendering of the professional services for which it was specifically incorporated; provided nothing in this chapter or in any other provision of law applicable to corporations shall be interpreted to prohibit such corporation from investing its funds in real estate, mortgages, stocks, bonds or any other type of investments, or from owning real or personal property incident to the rendering of professional services.
(1969, P.A. 332, S. 6.)
Structure Connecticut General Statutes
Chapter 594a - Professional Service Corporations
Section 33-182a. - Definitions.
Section 33-182b. - Corporations organized under other law.
Section 33-182c. - Organization.
Section 33-182d. - Services to be rendered by licensed persons only.
Section 33-182e. - Effect on relationships and liabilities.
Section 33-182f. - Limitation on business of corporation.
Section 33-182h. - Corporate name.
Section 33-182i. - Applicability of corporation law. Consolidation; merger.
Section 33-182j. - Applicability of other law.
Section 33-182k. - Foreign professional corporation required to obtain certificate of authority.