47-13B PROFESSIONAL CORPORATIONS FOR THE PRACTICE OF PUBLIC ACCOUNTING
PROFESSIONAL CORPORATIONS FOR THE PRACTICE OF PUBLIC ACCOUNTING
Formation of corporations or limited liability companies authorized.
Definition of terms.
Purpose of corporation.
Powers exercised only for authorized purpose--Incompatible services prohibited.
Name of corporation.
Revocable trust as shareholder--Conditions.
Disposition of shares held by person no longer qualified.
Qualifications of directors and officers--Restrictions on powers of lay directors and
47-13B-8 to 47-13B-12. Repealed.
Personal liability of shareholders, directors, and officers of professional corporations
or members or managers of limited liability companies limited for corporate or
Amendment of articles of incorporation to be consistent with law.
Application of repealed provisions to acts, errors, or omissions occurring before July
Articles of incorporation filed with board of accountancy--List of shareholders and
professional employees--Notice of changes.
Restrictions on corporate practice of accounting.
Pension and insurance plans for employees.
Corporation held to professional standards of conduct--Violation as ground for
suspension or revocation of professional certificate.
Professional obligations unchanged by incorporation--Personal responsibility for
corporate acts in violation.
Accountant-client privileges unchanged.