Section 1304. Foreign professional service limited liability company  


Latest version.
  • No
      foreign professional service limited liability company shall  engage  in
      any profession or carry on, or conduct or transact any other business or
      activities  in  this  state other than the rendering of the professional
      services or the carrying on, or conducting or transacting of  any  other
      business  or  activities  for which it is formed and is authorized to do
      business in this state; provided that such limited liability company may
      invest its funds in real estate, mortgages, stocks, bonds or  any  other
      type  of  investments;  provided,  further,  that a foreign professional
      service limited liability company (i) authorized  to  practice  law  may
      only  engage  in  another  profession or other business or activities in
      this state or (ii) which is engaged in a profession or other business or
      activities other than law, may only engage in the  practice  of  law  in
      this  state, to the extent not prohibited by any other law of this state
      or any rule adopted by the appropriate appellate division of the supreme
      court or the court of appeals.