{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-806","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-806","heading":"Purpose of formation of professional entity","body":"A professional entity may be formed for the purpose of rendering\n\none specific type of professional service or related professional\n\nservices and services ancillary thereto and shall not engage in any\n\nbusiness other than rendering the professional service or services\n\nwhich it was organized to render and services ancillary thereto;\n\nprovided, however, that a professional entity may own real and\n\npersonal property necessary or appropriate for rendering the type of\n\nprofessional services it was organized to render and may invest its\n\nfunds in real estate, mortgages, stocks, bonds and any other type of\n\ninvestments.","path":["OK Code","Title 18"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os18.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"d9e0d9e5de2538ae85bc18ba8f6bfecd37d3efebcabed2216b3bc9df6c53fc39","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-805","next":"us-ok/okla.-stat.-tit.-18-18-807"},"notice":"GroundRules: Original legal text. Not legal advice."}