An optometric corporation is a corporation that is authorized to render professional services, as described in Sections 13401 and 13401.5 of the Corporations Code, if that corporation and its shareholders, officers, directors, and employees rendering professional services who are physicians and surgeons, psychologists, registered nurses, optometrists, or podiatrists are in compliance with the Moscone-Knox Professional Corporation Act as contained in Part 4 (commencing with Section 13400) of Division 3 of Title 1 of the Corporations Code, the provisions of this article, and all other statutes and regulations now or hereafter enacted or adopted pertaining to the corporation and the conduct of its affairs. With respect to an
optometric corporation, the governmental agency referred to in the Moscone-Knox Professional Corporation Act is the California State Board of Optometry.
OptometryOptometric Corporations
Section § 3160
This section explains that an optometric corporation in California can provide professional eye care services if it follows certain rules. This includes making sure its shareholders, officers, and employees, like doctors and optometrists, comply with the Moscone-Knox Professional Corporation Act and other related laws. The California State Board of Optometry oversees these corporations.
optometric corporation professional services optometrist compliance
Section § 3163
An optometric corporation in California must include the last name of at least one current, future, or past shareholder in its name, along with words indicating it is a corporation. If a former shareholder leaves or passes away, their name must be removed from the corporation's name within two years.
Except as provided in Section 3078, the name of an optometric corporation and any name or names under which it may be rendering professional services shall contain and be restricted to the name or the last name of one or more of the present, prospective, or former shareholders and shall include the words optometric corporation or wording or abbreviations denoting corporate existence, provided that the articles of incorporation shall be amended to delete the name of a former shareholder from the name of the corporation within two years from the date the former shareholder dies or otherwise ceases to be a shareholder.
optometric corporation naming shareholder name requirements corporate naming rules
Section § 3164
This law states that for a company owned by optometrists, everyone involved, like directors, shareholders, and officers, must be legally licensed as optometrists, unless an exception is noted in certain other legal sections.
Except as provided in Sections 13401.5 and 13403 of the Corporations Code, each director, shareholder, and officer of an optometric corporation shall be a licensed person as defined in the Moscone-Knox Professional Corporation Act.
optometric corporation licensed person director
Section § 3165
If you're part of an optometric corporation and you're not allowed to practice as defined by certain rules, any money made by your services won't benefit you financially as a shareholder in that company.
The income of an optometric corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder for his shares in the optometric corporation.
optometric corporation disqualified person professional services income
Section § 3166
This law states that optometric corporations must adhere to the same professional standards as individual optometrists. They should not engage in any behavior considered unprofessional under any law or regulation. Essentially, they must follow the same rules and obligations that apply to licensed practitioners.
An optometric corporation shall not do or fail to do an act the doing of which or the failure to do which would constitute unprofessional conduct under any statute, rule, or regulation. In conducting its practice, an optometric corporation shall observe and be bound by statutes, rules, and regulations to the same extent as a person holding a license under Section 3055.
optometric corporation unprofessional conduct statutes
Section § 3167
This law allows the optometry board to make and enforce rules about optometric corporations. These rules can require that if a shareholder in the corporation is disqualified or has passed away, their shares must be sold back to the corporation or to other shareholders. It also mandates that optometric corporations must have insurance or another form of security to cover claims from patients related to optometry services, in order to receive a certificate to operate.
The board may formulate and enforce rules and regulations to carry out the purposes and objectives of this article, including rules and regulations requiring (a) that the articles of incorporation or bylaws of an optometric corporation shall include a provision whereby the capital stock of such corporation owned by a disqualified person (as defined in the Moscone-Knox Professional Corporation Act), or a deceased person shall be sold to the corporation or to the remaining shareholders of such corporation within such time as such rules and regulations may provide; and (b) that an optometric corporation as a condition of obtaining a certificate pursuant to the Moscone-Knox Professional Corporation Act and this article shall provide adequate security by insurance or otherwise for claims against it by its patients arising out of the rendering of professional services.
optometric corporation board regulations articles of incorporation
