There is a newer version of the Alaska Statutes
1996 Alaska Statutes
TITLE 10 CORPORATIONS AND ASSOCIATIONS
Chapter 10.45. ALASKA PROFESSIONAL CORPORATION ACT
Sec. 10.45.040. Prohibition against engaging in business.
A professional corporation may not engage in business; however, it may own real and personal property necessary for or appropriate in rendering its own professional services and may invest its funds in all types of investments.
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