Section 156A:4 - Applicable provisions; powers and duties(a) All of the provisions of chapter one hundred and fifty-six B shall be applicable to professional corporations and such corporations shall enjoy the powers and privileges, and be subject to the duties, restrictions and liabilities of corporations organized under said chapter, except where inconsistent with the provisions of this chapter.(b) A professional corporation may own real and personal property necessary or appropriate for rendering the professional service it was organized to render, and may invest its funds in real estate, mortgages, stocks, bonds, or any other type of investment.Mass. Gen. Laws ch. 156A, § 4
Amended by Acts 2004, c. 178,§ 16, eff. 7/1/2004.