what does psc stand for lawyer

What is the role of the PSC?

Law PSC abbreviation meaning defined here. What does PSC stand for in Law? Get the top PSC abbreviation related to Law.

What does PC stand for in law firm?

Oct 17, 2005 · 10-16-2005, 03:10 PM #3. sacredwolf Guest. Lisa, P.S.C. stands for "Professional Services Corporation." It means the same thing as Inc., Ltd., L.L.C., or Corp, among others. All businesses that are set up as and doing business as a corporation are required to divulge the fact that they are set up as a corporation to the public.

What is the full form of PSCP?

What does PSC stand for? PSC stands for Professional Service Corporation. ... engaged in the practice of law. The shareholders' agreement - don't leave your P.A. without it. 469(a), passive activity losses (PALs) may be restricted for LLC members that are individuals, trusts, estates, ...

What is a PCS (professional corporation)?

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians.The general category of the PC or PSC can be as S …

What is the meaning for PSC?

What does PSC stand for after a name?

What does the title PC mean?

What is PSC in project management?

What is PSC in business?

What does PLLC stand for in law?

What does pa stand for in law?

What does Esq stand for in law?

PSC stands for Professional Service Corporation

This definition appears frequently and is found in the following Acronym Finder categories:

Samples in periodicals archive

Cross-selling business between the various business lines in large professional service corporations is being emphasized more than ever.

What is a PC or PSC?

The general category of the PC or PSC can be as S-corporation, C-corporation, or LLC, but with subcategorization as a PC or PSC. Legal regulations applying to professional corporations typically differ in important ways from those applying to other corporations.

What is a professional corporation?

Professional corporations or professional service corporation (abbreviated as PC or PSC) are those corporate entities for which many corporation statutes make special provision, regulating the use of the corporate form by licensed professionals such as attorneys, architects, engineers, public accountants and physicians.

Why do professional corporations organize?

The principal reason why groups of professions choose to organize as a professional corporation is that, unlike a general partnership, an owner is not personally liable for the negligence or malpractice of other owners.

Is a professional corporation a partnership?

Professional corporations may exist as part of a larger, more complicated, legal entity; for example, a law firm or medical practice might be organized as a partnership of several or many professional corporations.

Can a professional corporation have multiple directors?

Professional corporations may have a single director or multiple directors. They do not usually afford directors the same degree of limitation of liability as ordinary business corporations ( cf. LLP ). Such corporations must identify themselves as professional corporations by including "PC" or "P.C." after the firm's name.

PSC stands for Professional Services Contract

This definition appears frequently and is found in the following Acronym Finder categories:

Samples in periodicals archive

00 Hardcover KD1641 For architects, engineers, quality surveyors and interior designers, consultants, lawyers, and contractors and subcontractors in the UK, Rowlinson, a construction professional who specializes in construction contracts and law, offers a guide to the application of the UK's Professional Services Contract of the New Engineering Contract (NEC) and its philosophies, principles, and mechanisms..

What does PC stand for in law?

PC. In some states, it isn't uncommon to see the name of a law firm or attorney's office with the letters "PC" after it. PC stands for "professional corporation. ". Like limited liability companies, corporations and other business structures, professional corporations are legally recognized business entities in some states.

What is the difference between a corporation and a PC?

Professionals. Another key difference between corporations and professional corporations is only licensed professionals can be a part of a PC. Typically, the only professionals who may form a PC are those who must have some sort of state and/or federal license to practice their profession.

What is professional corporation?

The professional corporation is a business structure specifically allowed for in some state statutes. Like corporations, it allows directors and employees some protection from corporate liability. However, professional corporations are distinctly different than traditional "C" corporations in several ways.

Do professional corporations have liability shielding?

However, professional corporations typically do not offer the same level of liability shielding.

Do professional corporations have to be registered?

Like other corporations, professional corporations must be registered with the state in which they are formed. For example, the state of Iowa allows professionals to form professional corporations. The state requires these structures to file documentation, such as the articles of incorporation and the business name, with the secretary of state's office.

Can a professional corporation shield employees from ethical requirements?

Because licensed professionals must adhere to a strict code of professional ethics, professional corporations cannot shield these workers from those ethical requirements. Any liability arising from lapses in ethical conduct can still attach to members of a professional corporation.