Recoupment
A corporation formed for the purpose of conducting a profession which requires a license to practice, including attorneys, physicians, dentists, certified public accountants, architects and real estate brokers. most states provide for such corporations under special statutes which allow the corporation to operate with a single director, who is a professional. however, unlike other corporations, the organization does not provide a shield for liability for any professional negligence (malpractice) by the licensed professionals.
