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2009 Kentucky Revised Statutes
CHAPTER 274 PROFESSIONAL SERVICE CORPORATIONS
274.115 Business restrictions.
Download pdfthis chapter shall engage in any business other than the rendering of the professional
service or services for which it was specifically incorporated, provided, however, that
nothing in this chapter or in any other provisions of existing 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 investment, or from owning real
or personal property necessary for the rendering of professional services. Effective: July 15, 1980
History: Amended 1980 Ky. Acts ch. 288, sec. 14, effective July 15, 1980. -- Created 1962 Ky. Acts ch. 236, sec. 12.
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