{"data":{"id":"us-nc/n.c.-gen.-stat.-55b-4","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55B-4","heading":"Formation of corporation.","body":"A professional corporation under this Chapter may be formed pursuant to the provisions of Chapter 55, the North Carolina Business Corporation Act, with the following limitations:\n(1)\tAt least one incorporator shall be a \"licensee\" as hereinabove defined in G.S. 55B-2(2).\n(2)\tAll of the shares of stock of the corporation shall be owned and held by a licensee, or licensees, as hereinabove defined in G.S. 55B-2(2), except as otherwise permitted in G.S. 55B-6.\n(3)\tAt least one director and one officer shall be a \"licensee\" as hereinabove defined in G.S. 55B-2(2).\n(4)\tThe articles of incorporation, in addition to the requirements of Chapter 55, shall designate the personal services to be rendered by the professional corporation and shall be accompanied by a certification by the appropriate licensing board that the ownership of the shares of stock is in compliance with the requirements of G.S. 55B-4(2) and G.S. 55B-6. (1969, c. 718, s. 4; 1977, c. 855, s. 1; 1989 (Reg. Sess., 1990), c. 1024, s. 3; 1991, c. 205, s. 2; 1995, c. 351, s. 15.)","path":["Chapter 55B. Professional Corporation Act."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55B/GS_55B-4.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:07Z","sha256":"69ae036d734522101902eff399b7093632e45161ef9e9d0924f878cb38318224","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55b-3","next":"us-nc/n.c.-gen.-stat.-55b-5"},"notice":"GroundRules: Original legal text. Not legal advice."}