South Carolina Code of Laws
Chapter 19 - Professional Corporation Supplement
Section 33-19-110. Purposes.

(a) Except to the extent authorized by subsection (b), a corporation may elect professional corporation status under Section 33-19-109 solely for the rendering of professional services, including services ancillary to them, within a single profession.
(b) A corporation may elect professional corporation status under Section 33-19-109 for the rendering of professional services within two or more professions, and for engaging in any lawful business authorized by Section 33-3-101, to the extent the combination of professional purposes or of professional and business purposes is authorized by the licensing law of this State applicable to each profession in the combination.
HISTORY: Derived from 1976 Code Section 33-51-30 [1962 Code Section 56-1603; 1962 (52) 1911; Repealed, 1988 Act No. 44, Section 4(5)]; 1988 Act No. 444, Section 2.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 33 - Corporations, Partnerships and Associations

Chapter 19 - Professional Corporation Supplement

Section 33-19-101. Short title.

Section 33-19-102. Application of South Carolina Business Corporation Act and Statutory Close Corporation Supplement.

Section 33-19-103. Supplement definitions.

Section 33-19-109. Election of professional corporation status.

Section 33-19-110. Purposes.

Section 33-19-120. General powers.

Section 33-19-130. Rendering professional services.

Section 33-19-140. Prohibited activities.

Section 33-19-150. Corporate name.

Section 33-19-200. Issuance of shares.

Section 33-19-210. Notice of professional corporation status on shares.

Section 33-19-220. Share transfer restriction.

Section 33-19-221. Attempted share transfer in breach of prohibition.

Section 33-19-230. Compulsory acquisition of shares after death or disqualification of shareholder.

Section 33-19-231. Option to purchase shares of a terminated shareholder.

Section 33-19-240. Acquisition procedures.

Section 33-19-250. Court action to appraise shares.

Section 33-19-260. Court costs and fees of experts.

Section 33-19-270. Cancellation of disqualified shares.

Section 33-19-300. Directors and officers.

Section 33-19-310. Voting of shares.

Section 33-19-320. Confidential relationship.

Section 33-19-330. Privileged communications.

Section 33-19-340. Responsibility for professional services.

Section 33-19-400. Merger.

Section 33-19-410. Termination of professional status.

Section 33-19-420. Judicial dissolution.

Section 33-19-500. Authority to transact business.

Section 33-19-510. Application for certificate of authority.

Section 33-19-520. Revocation of certificate of authority.

Section 33-19-600. Annual report.

Section 33-19-610. Rulemaking by licensing authority.

Section 33-19-620. Licensing authority's regulatory jurisdiction.

Section 33-19-630. Penalty for signing false document.

Section 33-19-700. Application to existing professional corporations.