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2012 Delaware Code
Title 8 - Corporations
CHAPTER 6. PROFESSIONAL SERVICE CORPORATIONS
§ 609. Engaging in other business prohibited.


8 DE Code § 609 (2012 through 146th Gen Ass) What's This?

No corporation organized under this chapter shall engage in any business other than the rendering of the professional services for which it was specifically incorporated; provided, however, 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 investments, or from owning real or personal property necessary for, or appropriate or desirable in, the fulfillment or rendering of its professional services.

8 Del. C. 1953, § 609; 57 Del. Laws, c. 127.;

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