RSA 294-A:1 · Definition; Professional Service; Professional Corporations

294-A:1 Definition; Professional Service; Professional Corporations. – In this chapter:

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I.

"Disqualified person" means a natural person, corporation, partnership, fiduciary, trust, association, government agency, or other entity which for any reason is or becomes ineligible under this chapter to own shares issued by a professional corporation.

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II.

"Domestic professional corporation" means a professional corporation as defined in RSA 294-A:1, V.

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III.

"Foreign professional corporation" means a corporation for profit organized for the purpose of rendering professional services under a law other than the laws of this state.

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IV.

"Licensing authority" means the officer, board, agency, court or other authority in this state which has the power to license, register, certificate, or otherwise grant legal authorization to render a professional service.

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V.

"Professional corporation" means a corporation for profit organized under this chapter.

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VI.

"Professional service" means any service which may lawfully be rendered only by certified public accountants, public accountants, architects, attorneys, podiatrists, chiropractors, dentists, pharmacists, professional engineers, land surveyors, registered professional nurses, optometrists, physicians and surgeons, physician associates, psychologists, veterinarians, and all other professionals licensed, registered, certified, or otherwise authorized and permitted to practice independently under the provisions of RSA 309-B, 310-A, 311, 315, 316-A, 317-A, 318, 326-B, 327, 328-D, 329, 329-B, 330-A, or 332-B and which may not lawfully be rendered by a corporation organized under the law of this state applicable to business corporations.

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VII.

"Qualified person" means a natural person, general partnership, or professional corporation which is eligible under this chapter to own shares issued by a professional corporation. Source. 1981, 236:1. 1985, 339:10. 1993, 300:2. 1996, 24:1. 2012, 233:9, eff. July 1, 2013. 2025, 105:2, eff. June 17, 2025.1

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