Delaware Code (Titles 8, 9, 25, 30)
8 Del. C. § 605
Authority to organize; law governing
One or more persons, each of whom is duly licensed or otherwise legally authorized to render the same professional service or any of the qualified related professional services within this State, may organize and become a shareholder or shareholders of a professional corporation for pecuniary profit, under this title, for the sole and specific purpose of rendering the same professional service or qualified related professional services; provided however, a professional corporation shall not be permitted to render qualified related professional services unless at all times at least 1 shareholder is duly licensed or otherwise legally authorized to render each of the component qualified related professional services then comprising the professional corporation.
Amendment history
57 Del. Laws, c. 127; 80 Del. Laws, c. 184, § 1
Source: view the official text
In this title (40 sections)
- 8-396 · Publication of chapter by Secretary of State; distribution
- 8-397 · Penalty for unauthorized publication of chapter
- 8-398 · Short title
- 8-501 · Corporations subject to and exempt from franchise tax
- 8-502 · Annual franchise tax report; contents; failure to file and pay…
- 8-503 · Rates and computation of franchise tax
- 8-504 · Collection and disposition of tax; tentative return and tax;…
- 8-505 · Review and refund; jurisdiction and power of the Secretary of…
- 8-506 · Fund for payment of refunds
- 8-507 · Collection of tax; preferred debt
- 8-508 · Injunction against exercise of franchise or transacting business
- 8-509 · Further remedy in Court of Chancery; appointment of receiver or…
- 8-510 · Failure to pay tax or file a complete annual report for 1 year;…
- 8-511 · Repeal of charters of delinquent corporations; report to…
- 8-512 · Filing and publication of proclamation
- 8-513 · Acting under proclaimed charter; penalty
- 8-514 · Mistakes in proclamation; correction
- 8-515 · Annual report of Secretary of State
- 8-516 · Retaliatory taxation and regulation; imposition
- 8-517 · Duties of Attorney General
- 8-518 · Relief for corporations with assets in certain unfriendly…
- 8-601 · Legislative intent
- 8-602 · Short title
- 8-603 · Definitions
- 8-604 · Exemptions
- 8-605 · Authority to organize; law governing
- 8-606 · Number of directors; officers
- 8-607 · Rendition of professional services through licensed officers,…
- 8-608 · Chapter not to affect professional relationship; legal…
- 8-609 · Engaging in other business prohibited
- 8-610 · Issuance of capital stock to licensed individuals; voting trust…
- 8-611 · Disqualification of officer, shareholder, agent or employee
- 8-612 · Sale or transfer of shares
- 8-613 · Price for shares
- 8-614 · Perpetual corporate existence
- 8-615 · Conversion into business corporation
- 8-616 · Time for transfer of shares upon death or disqualification
- 8-617 · Corporate name
- 8-618 · Applicability of General Corporation Law; consolidation or…
- 8-619 · Construction of chapter