{"data":{"id":"us-al/ala.-code-10a-4-2.03","jurisdiction":"us-al","citation":"Ala. Code § 10A-4-2.03","heading":"Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation.","body":"(a) Subject to Section 10A-4-5.07, a domestic professional corporation, including a professional corporation that is a nonprofit corporation, shall have all the powers necessary or convenient to effectuate its purposes, including those enumerated in Sections 10A-1-2.11, 10A-1-2.12, and 10A-1-2.13.\n(b) A domestic professional corporation shall not engage in any profession other than the profession or professions permitted by its certificate of incorporation , except that a domestic professional corporation may invest its funds in real estate, mortgages, stocks, bonds, or any other type investment.","path":["Title 10A Alabama Business and Nonprofit Entities Code.","Chapter 4 Professional Corporations.","Article 2 Purposes, Powers, and Organization."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=10A-4-2.03","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"d3b02f607c718d91d1c353059a22123282ecd19b0cb864ce26fb05c617982ee1","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-10a-4-2.02","next":"us-al/ala.-code-10a-4-2.04"},"notice":"GroundRules: Original legal text. Not legal advice."}