1. (1) A professional services partnership organized to provide a professional service under this part may provide only:

   1. (a) one specific type of professional service; and
   2. (b) services ancillary to the professional service described in Subsection (1)(a).

2. (2) A professional services partnership organized to provide a professional service under this part may not engage in a business other than to provide:

   1. (a) the professional service that it was organized to provide; and
   2. (b) services ancillary to the professional service described in Subsection (2)(a).

3. (3) Notwithstanding Subsections (1) and (2), a professional services partnership may:

   1. (a) own real and personal property necessary or appropriate for providing the type of professional service it was organized to provide; and

   2. (b) invest the professional services partnership's money in one or more of the following:

      1. (i) real estate;
      2. (ii) mortgages;
      3. (iii) stocks;
      4. (iv) bonds; or
      5. (v) another type of investment.

Renumbered and Amended by Chapter 93, 2026 General Session