Who can be an owner or manager of a Professional Corporation or PLLC?
Many states restrict who may be a director, officer or shareholder of a Professional Corporation, or the manager or member of a LLC. For example, in some States ownership and management is restricted to those who are ‘licensed professionals’ in the specific ‘professional practice’ for which the Professional Corporation is licensed (e.g., only ‘medical doctors’ or only ‘chiropractors’, but not both ‘medical doctors’ and ‘chiropractors’).
