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professional corporation |
Also found in: Wikipedia | 0.03 sec. |
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professional corporation n. a corporation formed for the purpose of conducting a profession which requires a license to practice, including attorneys, physicians, dentists, certified public accountants, architects, and real estate brokers. Most states provide for such corporations under special statutes which allow the corporation to operate with a single director, who is a professional. However, unlike other corporations, the organization does not provide a shield for liability for any professional negligence (malpractice) by the licensed professionals. (See: corporation) |
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? References in periodicals archive |
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8/18/06 Thunder Bay Thomas Harold Wallace Medicine Professional Corporation 8/17/06 North Bay Algonquin Import Export Ltd. She grew up in the industry--father is the founder of Skyline Professional Corporation, where she spent a year as an account executive. In 1976 the Professional Corporation of Physicians of Quebec suspended Morgentaler's medical licence, not for performing abortions, but for performing them badly. |
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professional corporation
