Text: HSB00185                          Text: HSB00187
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index



House Study Bill 186

Bill Text

PAG LIN
  1  1    Section 1.  Section 496C.7, Code 1999, is amended to read
  1  2 as follows:
  1  3    496C.7  PRACTICE BY PROFESSIONAL CORPORATION.
  1  4    1.  Notwithstanding any other statute or rule of law, a
  1  5 professional corporation may practice a profession, but may do
  1  6 so in this state only through shareholders, directors,
  1  7 officers, employees, and agents who are licensed to practice
  1  8 the same profession in this state.
  1  9    2.  In its practice of a profession, no professional
  1 10 corporation shall do any act which could not lawfully be done
  1 11 by individuals licensed to practice the profession which the
  1 12 professional corporation is authorized to practice.
  1 13    3.  For purposes of this section, persons licensed to
  1 14 practice medicine and surgery, osteopathic medicine and
  1 15 surgery, osteopathy, chiropractic, podiatry, or optometry
  1 16 under the laws of this state are all considered to be in one
  1 17 profession.  
  1 18                           EXPLANATION
  1 19    This bill relates to the profession that a professional
  1 20 corporation may practice.  Current law provides that a
  1 21 professional corporation may practice a profession through
  1 22 shareholders, directors, officers, employees, and agents who
  1 23 are licensed to practice the same profession.  The bill
  1 24 provides that persons licensed to practice medicine and
  1 25 surgery, osteopathic medicine and surgery, osteopathy,
  1 26 chiropractic, podiatry, or optometry are all considered to be
  1 27 in one profession for incorporation purposes.  
  1 28 LSB 2353HC 78
  1 29 tm/sc/14
     

Text: HSB00185                          Text: HSB00187
Text: HSB00100 - HSB00199               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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