SECTIONS 1050-1058 - California Statutes

BUSINESS AND PROFESSIONS CODE

SECTION 1050-1058

1050. A chiropractic corporation is a corporation which is
registered with the State Board of Chiropractic Examiners with
reference to corporations rendering professional services as
chiropractors and has a currently effective certificate of
registration from the board pursuant to the Professional Corporation
Act, as contained in Part 4 (commencing with Section 13400) of
Division 3 of Title 1 of the Corporations Code, and this article.
Subject to all applicable statutes, rules and regulations, such
chiropractic corporation is entitled to practice chiropractic. With
respect to a chiropractic corporation, the governmental agency
referred to in the Professional Corporation Act is the State Board of
Chiropractic Examiners with reference to corporations rendering
professional services as chiropractors. As used in this article, the
"board" refers to the State Board of Chiropractic Examiners.

1051. An applicant for registration as a chiropractic corporation
shall supply to the board all necessary and pertinent documents and
information requested by the board concerning the applicant's plan of
operations. The board may provide forms of application. If the board
finds that the corporation is duly organized and existing pursuant
to the General Corporation Law, that each officer as provided in
Section 1055, director, shareholder and each employee who will render
professional services is a licensed person as defined in the
Professional Corporation Act, and that from the application it
appears that the affairs of the corporation will be conducted in
compliance with law and the rules and regulations of the board, the
board shall upon payment of the registration fee in such amount as it
may determine issue a certificate of registration.

1053. Each chiropractic corporation shall file with the board a
report containing such information relating to professional
corporations as may be required by board regulations as well as
information required by law. The fee for filing such a report shall
be fixed by the board. All reports shall be signed and verified by an
officer of the corporation.

1054. Notwithstanding any other provision of law, the name of a
chiropractic corporation and any name or names under which it may be
rendering professional services, shall contain the name or the last
name of one or more of the present, prospective, or former
shareholders, and shall include the word "chiropractic" and the word
"corporation" or wording or abbreviations denoting corporate
existence.

1055. Except as provided in Section 13403 of the Corporations Code,
relating to the Professional Corporation Act, each director and each
officer of a chiropractic corporation, except an assistant secretary
and an assistant treasurer, shall be a licensed person as defined in
the Professional Corporation Act.

1056. The income of a chiropractic corporation attributable to
professional services rendered while a shareholder is a disqualified
person (as defined in the Professional Corporation Act) shall not in
any manner accrue to the benefit of such shareholder or his shares in
the chiropractic corporation.

1057. A chiropractic corporation shall not do or fail to do any act
the doing of which or the failure to do which would constitute
unprofessional conduct under any statute, rule or regulation now or
hereafter in effect. In the conduct of its practice, it shall observe
and be bound by such statutes, rules and regulations to the same
extent as a person holding a license under the Chiropractic Act. The
board shall have the same powers of suspension, revocation and
discipline against a chiropractic corporation as are now or hereafter
authorized by the initiative measure mentioned in Section 1000 or by
any other similar statute against individual licensees, provided,
however, that proceedings against a chiropractic corporation shall be
conducted in accordance with Chapter 5 (commencing with Section
11500) of Part 1 of Division 3 of Title 2 of the Government Code, and
the board shall have all the powers granted therein.
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 a chiropractic corporation shall include a provision
whereby the capital stock of such corporation owned by a disqualified
person (as defined in the 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 a chiropractic corporation as a
condition of obtaining a certificate pursuant to the 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.

1058. Moneys received by the board pursuant to this article shall
be used to carry out the purposes of this article.