2905 - Election of professional associations to become professional corporations.
§ 2905. Election of professional associations to become professional corporations. (a) General rule.--This chapter applies to every professional association subject to Chapter 93 (relating to professional associations) that elects to accept the provisions of this chapter in the manner set forth in subsection (b). (b) Procedure for election.--A professional association may elect to accept this chapter by filing in the Department of State a statement of election of professional corporation status which shall be executed by all of the associates of the professional association and shall set forth: (1) The name of the professional association and, subject to section 109 (relating to name of commercial registered office provider in lieu of registered address), the address, including street and number, if any, of its proposed registered office. (2) The name of the county in the office of the prothonotary of which the initial articles of association of the association were filed. (3) A statement that the associates of the professional association have elected to accept the provisions of this chapter for the government and regulation of the affairs of the association. See section 134 (relating to docketing statement). (c) Date of incorporation.--This chapter shall become applicable to the professional association, and it shall be deemed incorporated, on the date the statement of election is filed in the department. Cross References. Section 2905 is referred to in section 9302 of this title.