Article 2Chiropractic Corporations
Section § 1050
This law explains what a chiropractic corporation is and outlines its requirements. It must be registered with the State Board of Chiropractic Examiners and have a current registration certificate. This corporation is recognized as a professional service provider for chiropractic care and must adhere to specific rules and regulations. The State Board of Chiropractic Examiners is the relevant authority supervising these corporations.
Section § 1051
If you want to register a chiropractic corporation, you must give the board all necessary documents and details about how your business will run. The board can provide application forms. If, after reviewing your application, the board sees that your corporation follows the law, each officer, director, shareholder, and employee is a licensed professional, and everything looks legal and correct, they will give you a registration certificate when you pay the fee.
Section § 1053
Every chiropractic corporation must submit a report to the board with details as directed by board rules and as required by law. The board will determine the fee for filing this report. An officer of the corporation must sign and verify the report.
Section § 1054
If you have a chiropractic corporation in California, the name of your business must include the name or last name of one or more shareholders (current, future, or past), and it must also have the words "chiropractic" and "corporation" or a version that shows it's a corporation.
Section § 1055
This law says that with some exceptions, like assistant secretary and assistant treasurer roles, the directors and officers of a chiropractic corporation must be licensed professionals as defined in the Professional Corporation Act.
Section § 1056
If a chiropractor who owns shares in a chiropractic corporation becomes disqualified (meaning they can't legally practice), they can't receive any income from the services provided by the corporation during their disqualification.
Section § 1057
This law says that chiropractic corporations have to follow all the same rules for professional conduct as individual chiropractors. If they break these rules, they can be disciplined just like individual chiropractors, with the board having powers to suspend or revoke their license. The law also allows the board to make rules for chiropractic corporations. These rules might require that shares owned by someone who is disqualified or has passed away be sold back to the company or other shareholders. Additionally, the corporation must ensure it has insurance or some form of protection if a patient claims they've been harmed by the services provided.
Section § 1058
The money that the board collects under this article must be used to fulfill the objectives outlined in the article.