                                 CODE OF VIRGINIA

CORPORATION NOT TO ENGAGE IN OTHER BUSINESS; INVESTMENT OF FUNDS (§ 13.1-548)

No corporation organized under this chapter shall engage in any business other
than the rendering of the professional services for which it was specifically
incorporated; provided, however, nothing in this chapter or in any other
provisions of existing law applicable to corporations shall be interpreted to
prohibit such corporation from investing its funds in real estate, mortgages,
stocks, bonds or any other type of investments, from owning real or personal
property, or from exercising any other investment power granted to corporations
under this title and not in conflict with the provisions of this chapter.

HISTORY: 1970, c. 77; 1975, c. 543.