Section 53-6-4 — Incorporation.

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53-6-4. Incorporation.

One or more individuals, each of whom is licensed to render a professional service, may incorporate a professional corporation for pecuniary profit and become shareholders therein in the manner provided in the Business Corporation Act [Chapter 53, Articles 11 to 18 NMSA 1978]. The Business Corporation Act applies to professional corporations. If the provisions of the Business Corporation Act conflict with the provisions of the Professional Corporation Act [ 53-6-1 to 53-6-13 NMSA 1978], the provisions of the Professional Corporation Act shall prevail.