A corporation may be organized for the business of conducting a profession. These are known as professional corporations. Doctors, attorneys, engineers, and CPAs are the types of profes¬sionals who may form a professional corporation. Usually there is a designation P.A. or P.C. after the corporate name in order to show that this is a professional association or professional corporation.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys is a legal document that outlines the terms and conditions for establishing a professional corporation for attorneys in the state of New Hampshire. This agreement is crucial in ensuring that the formation and operation of the corporation comply with the laws and regulations governing the legal profession in the state. The agreement typically includes several important provisions such as: 1. Purpose: It defines the primary objectives and scope of the professional corporation. This could include providing legal services, representing clients in litigation, offering legal advice, and other related activities. 2. Shareholders: The agreement identifies the initial shareholders of the corporation and outlines their ownership percentages. It may also specify the requirements for additional shareholders to be admitted in the future. 3. Management: It clarifies the roles and responsibilities of the directors and officers of the professional corporation. This includes appointing individuals to serve as president, secretary, treasurer, and other key positions. 4. Professional Services: The agreement highlights the types of legal services the corporation is authorized to offer. This may encompass various areas of law such as family law, corporate law, criminal law, real estate law, and more. 5. Liability: The agreement addresses the limited liability of shareholders, protecting them from personal liability for acts or omissions of other shareholders or employees of the corporation conducted within the scope of their professional services. 6. Dissolution: It outlines the procedures to be followed in the event of the corporation's dissolution, including the division of assets and liabilities among shareholders. It is important to note that there are no specific different types of New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys. However, the language and specific provisions within the agreement may vary depending on the unique circumstances and preferences of the attorneys and shareholders involved. Overall, the New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys is an essential document for attorneys looking to create a legal entity that allows them to operate their law practice as a corporation while protecting their personal assets. By adhering to the guidelines provided by this agreement, attorneys can ensure compliance with relevant laws and regulations while pursuing their professional goals.The New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys is a legal document that outlines the terms and conditions for establishing a professional corporation for attorneys in the state of New Hampshire. This agreement is crucial in ensuring that the formation and operation of the corporation comply with the laws and regulations governing the legal profession in the state. The agreement typically includes several important provisions such as: 1. Purpose: It defines the primary objectives and scope of the professional corporation. This could include providing legal services, representing clients in litigation, offering legal advice, and other related activities. 2. Shareholders: The agreement identifies the initial shareholders of the corporation and outlines their ownership percentages. It may also specify the requirements for additional shareholders to be admitted in the future. 3. Management: It clarifies the roles and responsibilities of the directors and officers of the professional corporation. This includes appointing individuals to serve as president, secretary, treasurer, and other key positions. 4. Professional Services: The agreement highlights the types of legal services the corporation is authorized to offer. This may encompass various areas of law such as family law, corporate law, criminal law, real estate law, and more. 5. Liability: The agreement addresses the limited liability of shareholders, protecting them from personal liability for acts or omissions of other shareholders or employees of the corporation conducted within the scope of their professional services. 6. Dissolution: It outlines the procedures to be followed in the event of the corporation's dissolution, including the division of assets and liabilities among shareholders. It is important to note that there are no specific different types of New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys. However, the language and specific provisions within the agreement may vary depending on the unique circumstances and preferences of the attorneys and shareholders involved. Overall, the New Hampshire Pre-incorporation Agreement of Professional Corporation of Attorneys is an essential document for attorneys looking to create a legal entity that allows them to operate their law practice as a corporation while protecting their personal assets. By adhering to the guidelines provided by this agreement, attorneys can ensure compliance with relevant laws and regulations while pursuing their professional goals.
