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TENNESSEE STATUTES AND CODES
48-101-608 - Professional services limited by charter.
48-101-608. Professional services limited by charter.
(a) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its charter.
(b) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment.
[Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608.]
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