A licensed funeral director who obtains a professional corporation license or holds shares in a professional corporation may not have stock or a proprietary interest in another funeral establishment except a branch establishment. A licensed funeral director who owned shares in more than one professional corporation prior to February 1, 1977 may maintain ownership of these shares and these corporations may be licensed.
The provisions of this § 13.135 adopted October 19, 1973, effective October 20, 1973, 3 Pa.B. 2392; amended November 11, 1977, effective November 12, 1977, 7 Pa.B. 3306; amended December 6, 1991, effective December 7, 1991, 21 Pa.B. 5645. Immediately preceding text appears at serial page (156412).
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