N.Y. Bus. Corp. Law § 1506

Current through 2024 NY Law Chapter 443
Section 1506 - Purposes of incorporation

No professional service corporation or design professional service corporation shall engage in any business other than the rendering of the professional services for which it was incorporated; provided that such corporation may invest its funds in real estate, mortgages, stocks, bonds or any other type of investments.

N.Y. Bus. Corp.Law § 1506