Any two or more persons duly licensed to practice a profession under the laws of this state may form a professional association, as distinguished from a partnership and a corporation, by associating themselves for the purpose of carrying on a profession and dividing the gains therefrom upon compliance with the terms of this chapter. No professional association organized pursuant to this chapter shall render professional service in more than one type of professional service.
History. Ga. L. 1961, p. 404, § 3.
Cross references.
Refusal of license to practice medicine for engaging in practice as officer or employee of corporation other than one organized pursuant to this chapter, §§ 43-1-24 , 43-3-5 , 43-3-21 et seq., 43-11-47(a)(7), and 43-15-23 .
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 10 - Professional Associations
§ 14-10-9. Continuity of Existence Independent of Status or Acts of Members
§ 14-10-14. Limitation on Sale or Transfer of Membership or Shares
§ 14-10-15. Distribution of Assets Following Dissolution
§ 14-10-16. Powers Generally; Assets Not Liable to Attachment for Debts of Members or Shareholders
§ 14-10-17. Actions by or Against Associations
§ 14-10-18. Applicability of Corporation Laws; Inapplicability of Partnership Laws