Alabama § 10A-4-2.03 - Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation.
Full text of Alabama Code of Alabama § 10A-4-2.03 — Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation., with citation guidance and answers to common questions.
§ 10A-4-2.03. Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation.
(a) Subject to Section 10A-4-5.07, a domestic professional corporation, including a professional corporation that is a nonprofit corporation, shall have all the powers necessary or convenient to effectuate its purposes, including those enumerated in Sections 10A-1-2.11, 10A-1-2.12, and 10A-1-2.13.
(b) A domestic professional corporation shall not engage in any profession other than the profession or professions permitted by its certificate of incorporation, except that a domestic professional corporation may invest its funds in real estate, mortgages, stocks, bonds, or any other type investment.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 10A-4-2.03
What does Code of Alabama § 10A-4-2.03 cover?
Section 10A-4-2.03 ("Powers of Professional Corporation Generally; Profession Limited by Certificate of Formation.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 10A-4-2.03?
A common citation format is "Code of Alabama § 10A-4-2.03" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 10A-4-2.03 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.