1997 Minnesota Statutes

     319A.04 Purpose for which incorporated.  

    A professional corporation may be organized pursuant to 
 sections 319A.01 to 319A.22 for the purpose of rendering one 
 specific kind of professional service and services ancillary 
 thereto, or two or more kinds of professional services which are 
 specifically authorized to be practiced in combination under the 
 licensing laws of each of the professional services to be 
 practiced by a licensed individual or a partnership of licensed 
 individuals and services ancillary thereto; provided, however, 
 that a professional corporation may own real and personal 
 property necessary or appropriate for rendering professional 
 service and may invest its funds in real estate, mortgages, 
 stocks, bonds, or any other type of investment.  

    HIST: 1973 c 40 s 4