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.

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