Professional services limited by charter

(a) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its charter. (b) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment. Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608. (a) A professional corporation may not render any professional service or engage in any business other than the professional service and business authorized by its charter. (b) Subsection (a) does not prohibit a professional corporation from investing its funds in real estate, mortgages, securities or any other type of investment. Acts 1992, ch. 698, § 1; T.C.A., § 48-3-608.