By-laws describe the agreed rules governing the operations of the Professional Corporation.
Professional Corporation In Ontario
Category:
State:
California
Control #:
CA-PC-BL
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Sample Bylaws For A California Professional Corporation?
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FAQ
Unlike a standard corporation, which can be formed by (almost) anyone, a professional corporation can generally only be established by licensed professionals in certain fields which include medical doctors, dentists, engineers, lawyers, accountants, and so on.
Often this is done by including "Professional Corporation" or ?Professional Limited Liability Company? or the abbreviation "P.C.," "PC," or ?PLLC? or, in some states, "P.A." (professional association) or "S.C." (service corporation).
A California Professional Corporation may be a C-Corporation or an S-Corporation, and is organized to provide services in professions that require a state license in order to practice.
Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians ...
One of the key differences between a corporation and a professional corporation is that the shareholders of a professional corporation must be licensed professionals who are authorized to provide professional services in their respective fields. This requirement does not apply to a regular corporation.