Note: This version of section effective until 1-1-2018. See also following repeal of this section, effective 1-1-2018.

1. (1) must include the words "Professional Services Corporation" or "Professional Corporation" or an abbreviation of these words;
2. (2) may not contain any word or phrase that indicates or implies any purpose or power not possessed by corporations organizable under this article; and

3. (3) may not contain any word or phrase that indicates that it is organized for any purpose other than that listed in the articles of incorporation.

   In addition, only a professional corporation in which all shareholders are physicians licensed under IC 25-22.5 may use the term "medical" in its corporate name.

4. (b) A licensing authority may by rule adopt further requirements than those specified in subsection (a) as to the names of professional corporations organized under this article.

Sec. 8. (a) The corporate name of every professional corporation organized under this article:

As added by P.L.239-1983, SEC.1.