Nevada Revised Statutes 89.270 – Scope of authority
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No professional association may do any act which is prohibited to be done by natural persons licensed to practice the profession which the professional association is organized to practice.
Terms Used In Nevada Revised Statutes 89.270
- Licensed: means legally authorized by the appropriate regulating board of this State to engage in a regulated profession in this State. See Nevada Revised Statutes 89.020
- Professional association: means a common-law association of two or more persons licensed or otherwise legally authorized to render professional service within this State when created by written articles of association which contain in substance the following provisions characteristic of corporate entities:
(a) The death, insanity, bankruptcy, retirement, resignation, expulsion or withdrawal of any member of the association does not cause its dissolution. See Nevada Revised Statutes 89.020