2012 New York Consolidated Laws
BSC - Business Corporation
Article 15 - (1501 - 1516) PROFESSIONAL SERVICE CORPORATIONS
1506 - Purposes of incorporation.


NY Bus Corp L § 1506 (2012) What's This?
 
  § 1506. Purposes of incorporation.
    No  professional  service  corporation  or design professional service
  corporation shall engage in any business other than the rendering of the
  professional services for which it was incorporated; provided that  such
  corporation  may  invest  its  funds  in real estate, mortgages, stocks,
  bonds or any other type of investments.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.