Moscone-Knox Professional Corporation Act Law and Legal Definition
Moscone-Knox Professional Corporation Act is the general corporation law which govern the professional corporations of California. Certain professionals those who must be licensed by the State of California to carry on their professional trade may only incorporate their practice as a Professional Corporation. Such Corporations are governed by the Moscone-Knox Professional Corporations Act.
Following is an example of a state which uses the term:A physician assistants corporation is a corporation which is authorized to render professional services, , so long as that corporation and its shareholders, officers, directors, and employees rendering professional services who are certified physician assistants are in compliance with the Moscone-Knox Professional Corporation Act.[Cal Bus & Prof Code § 3540]