48-101-606 - Powers Professional services. - Tennessee Statutes

48-101-606. Powers Professional services.

(a)  Except as provided in subsection (b), a professional corporation has the powers enumerated in chapter 13 of this title.

(b)  A professional corporation may be a promoter, general partner, member, associate or manager of a partnership, joint venture, trust or other entity only if the entity is engaged solely in rendering professional services or in carrying on business authorized by the professional corporation's charter.

[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-606.]