Professional Corporation Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Professional Corporation, written in plain English, along with examples of how it is used.

What is Professional Corporation?

nAn organisation that is formed by a group of professionals practicing with proper licences like lawyers,medical practitioners,architects,certified public acoouants etc.Most states have certain federal rules that such corporations can operate with a director who should also be a professional.But the organisation is not legally responsible for any kind of damages caused due to negligence by a particular member.