§ 5-103. Powers

Latest version.

(a) In general. -- Except as otherwise provided in this subtitle, a professional corporation has the powers enumerated in § 2-103 of this article.

(b) Involvement in professional partnership, joint venture, etc. -- A professional corporation may be a promoter, general partner, member, associate, or manager of a partnership, joint venture, trust, or other entity if the entity is engaged solely in rendering professional services.

HISTORY: 1993, ch. 413, § 2.

                    
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