Utah Code 16-11-12. Prohibited acts of professional corporations
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Terms Used In Utah Code 16-11-12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Professional corporation: means a corporation organized under this chapter. See Utah Code 16-11-2
No professional corporation may do any act which is prohibited to be done by individual persons licensed to practice the profession which the professional corporation is organized to render.
Enacted by Chapter 20, 1963 General Session