SECTIONS 4910-4917 - California Statutes

BUSINESS AND PROFESSIONS CODE

SECTION 4910-4917

4910. A veterinary corporation is a corporation which is authorized
to render professional services, as defined in Section 13401 of the
Corporations Code, so long as that corporation and its shareholders,
officers, directors, and employees rendering professional services
who are licensed veterinarians are in compliance with the
Moscone-Knox Professional Corporation Act (Part 4 (commencing with
Section 13400) of Division 3 of Title 1 of the Corporations Code),
this article, and all other statutes and regulations pertaining to
the corporation and the conduct of its affairs. With respect to a
veterinary corporation, the governmental agency referred to in the
Moscone-Knox Professional Corporation Act (Part 4 (commencing with
Section 13400) of Division 3 of Title 1 of the Corporations Code) is
the Veterinary Medical Board.

4911. Notwithstanding any other provision of law, the name of a
veterinary corporation and any name or names under which it renders
professional services shall include the words "veterinary corporation"
or wording or abbreviations denoting corporate existence.

4912. Except as provided in Section 13403 of the Corporations Code,
each director, shareholder, and officer of a veterinary corporation
shall be a licensed person as defined in Section 13401 of the
Corporations Code.

4913. The income of a veterinary corporation attributable to
professional services rendered while a shareholder is a disqualified
person (as defined in Section 13401 of the Corporations Code) shall
not in any manner accrue to the benefit of that shareholder or his or
her shares in the veterinary corporation.

4914. A veterinary 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 Section 4848.

4915. It shall constitute unprofessional conduct and a violation of
this chapter, punishable as specified in Section 4831, for any
person licensed under this chapter to violate, attempt to violate,
directly or indirectly, or assist in or abet the violation of, or
conspire to violate, the Moscone-Knox Professional Corporation Act
(Part 4 (commencing with Section 13400), of Division 3 of Title 1 of
the Corporations Code), this article, or any regulation adopted
pursuant to those provisions.

4916. The board may formulate and enforce rules and regulations to
carry out the purposes and the objectives of this article, including
rules and regulations requiring (1) that the articles of
incorporation or bylaws of a veterinary corporation shall include a
provision whereby the capital stock of the corporation owned by a
disqualified person (as defined in Section 13401 of the Corporations
Code), or a deceased person, shall be sold to the corporation or to
the remaining shareholders of the corporation within such time as
such rules and regulations may provide, and (2) that a veterinary
corporation shall provide adequate security by insurance or otherwise
for claims against it by its patients arising out of the rendering
of professional services.

4917. Nothing in this article requires an applicant for or a holder
of a certificate of registration of veterinary premises described in
Section 4853 to be a veterinary corporation.