KRS 274.115: Business restrictions.
Where this section sits in the code
- KRS Chapter 274
No professional service corporation organized or authorized to conduct business under
this chapter shall engage in any business other than the rendering of the professional
service or services for which it was specifically incorporated, provided, however, that
nothing in this chapter or in any other provisions of existing law applicable to
corporations shall be interpreted to prohibit such corporation from investing its funds in
real estate, mortgages, stocks, bonds or any other type of investment, or from owning real
or personal property necessary for the rendering of professional services.
Collected 2026-09-05T20:53:26Z. Source file · JSON