2005 Idaho Code - 30-1307 — TYPE OF BUSINESS LIMITED -- INVESTMENTS

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 13
                      PROFESSIONAL SERVICE CORPORATIONS
    30-1307.  TYPE OF BUSINESS LIMITED -- INVESTMENTS. No corporation
organized under this act shall engage in any business other than the rendering
of the professional services for which it was specifically incorporated;
provided, however, nothing in this act 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 the rendering of professional services.

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