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burish burish
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6 years ago
Which of the following is not true regarding the limitations of professional corporations?
A) Seventy-five percent of the shares of stock must be owned and held by individuals licensed in the profession of the corporation.
B) At least one of the incorporators, one director, and one officer must be licensed in the profession.
C) The Articles of Incorporation, in addition to all other requirements, must designate the professional services to be provided by the corporation.
D) The professional corporation must obtain from the appropriate licensing board a certification that declares the shares of stock are owned by individuals who are duly licensed in the profession.
Textbook 
Essentials of Entrepreneurship and Small Business Management

Essentials of Entrepreneurship and Small Business Management


Edition: 6th
Author:
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MualoMualo
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6 years ago
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burish Author
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6 years ago
Thanks
rileyjones420
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Yesterday
Helped a lot
Liarec
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2 hours ago
Good timing, thanks!
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