Form Bcs/cd-501 - Articles Of Incorporation For Professional Service Corporations - Michigan Department Of Consumer And Industry Services Page 12

Download a blank fillable Form Bcs/cd-501 - Articles Of Incorporation For Professional Service Corporations - Michigan Department Of Consumer And Industry Services in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Bcs/cd-501 - Articles Of Incorporation For Professional Service Corporations - Michigan Department Of Consumer And Industry Services with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ADVERTISEMENT

REVIEW PROCEDURES FOR C&S 501 - ARTICLES OF INCORPORATION
FOR PROFESSIONAL SERVICE CORPORATIONS
SPECIFIC DOCUMENT ITEMS
STATUTORY CITE
HEALTH PROFESSION SUBFIELDS
Licensed Practical Nurse
333.17211
14.15(17211)
Physician's Assistant
333.17011
14.15(17011)
333.17511
14.15(17511)
Sanitarian, Registered
333.18411
14.15(18411)
Veterinary Technician
333.18811
14.15(18811)
9. A list of professions which can be incorporated only under the
Professional Service Corporation Act are:
Attorneys - (Learned Profession Doctrine)
Certified Public Accountants - (MCL 339.705)
Dentists - (MCL 338.215)
Opthalmologists - (Learned Profession Doctrine)
Physicians - (Learned Profession Doctrine)
Psychologists - (Special Opinion 351)
Psychiatrists - (Learned Profession Doctrine)
The "learned profession doctrine" is explained in AG Opinion 5676 (our
no. 250) and in a special opinion received from the Office of Attorney
General in 1980 (our no. 351). In summary, the learned profession
doctrine holds that learned professions are not permitted to be practiced
as corporate entities due to a four-point rationale which states:
1) That the limited liability of the corporate form is not appropriate
where the client must place a high degree of trust and confidence in
the person rendering the services;
2) That it is impossible for a corporation to perform the licensing and
ethical requirements of certain professions;
3) That confidential and professional relationships could be destroyed
by nonprofessional shareholders who are only interested in profit;
4) That nonprofessionals should not be permitted to render professional
services in any way, such as you might be able to do in the corporate
form.
Those professionals that have long been recognized by court decisions
to constitute learned professions are those constituting the practice of
law, medicine, or divinity. As the latter is a nonprofit activity, it would
not fall within the scope of the Professional Service Corporation Act.

ADVERTISEMENT

00 votes

Related Articles

Top 20 Happy Easter Cards And Gift Tags To Download For Free
Top Ten Easter Arts And Crafts Activities For Your Kids
Free Easter Coloring Pages And Easter Printables For Your Kids

Related forms

Form Bcs/cd-501 - Articles Of Incorporation For Use By Domestic Profit Professional Service Corporations - 2009 Form Bcs/cd-501 - Articles Of Incorporation For Use By Domestic Profit Professional Service Corporations - 2009 Legal
Form Bcs/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies - 2011 Form Bcs/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies - 2011 Business
Form Bcs/cd-503 - Articles Of Incorporation For Use By Ecclesiastical Corporations Form Bcs/cd-503 - Articles Of Incorporation For Use By Ecclesiastical Corporations Legal
Form Bcs/cd-500 - Articles Of Incorporation For Use By Domestic Profit Corporations - 2009 Form Bcs/cd-500 - Articles Of Incorporation For Use By Domestic Profit Corporations - 2009 Legal
Form Bcs/cd-500 - Articles Of Incorporation Form Bcs/cd-500 - Articles Of Incorporation Legal
Form Bcs/cd-700 - Articles Of Organization Form Bcs/cd-700 - Articles Of Organization Business
Form Ua 1555 - Request To Employer For Wage And Separation Information - Michigan Department Of Consumer And Industry Services Form Ua 1555 - Request To Employer For Wage And Separation Information - Michigan Department Of Consumer And Industry Services Legal
Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies Business
Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies - 2015 Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies - 2015 Legal
Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies Form Cscl/cd-701 - Articles Of Organization For Use By Domestic Professional Service Limited Liability Companies Legal

Related Categories

Parent category: Legal
Download
Go
Page of 13