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Following are the General Statutes for Corporations:
(1957, c. 509; 1993, c. 398, s. 1.)Chapter 55B.
Professional Corporation Act.
§ 55B-1. Title.
This Chapter may be cited as "The Professional Corporation
Act.î(1969, c. 718, s. 1.)
§ 55B-2. Definitions.
As used in this Chapter, the following words shall, unless
the context requires otherwise, have the following meanings:
(1) "Disqualified person" means a licensed person who
for any reason becomes legally disqualified to render the same professional
services which are or were being rendered by the professional corporation
of which such person is an officer, director, shareholder or employee.
(2) "Licensee" means any natural person who is duly licensed
by the appropriate licensing board to render the same professional services
which will be rendered by the professional corporation of which he is,
or intends to become, an officer, director, shareholder or employee.
(3) "Licensing board" means a board which is charged
with the licensing and regulating of the profession or practice in this
State in which the professional corporation is organized to engage.
(4) The term "licensing board," as the same applies to
attorneys at law, shall mean the Council of the North Carolina State Bar,
and it shall include the North Carolina State Board of Law Examiners only
to the extent that the North Carolina Board of Law Examiners is authorized
to issue licenses for the practice of law under the supervision of the
Council of the North Carolina State Bar.
(5) "Professional corporation" means a corporation which
is engaged in rendering the professional services as herein specified and
defined, pursuant to a certificate of registration issued by the Licensing
Board regulating the profession or practice, and which has as its shareholders
only those individuals permitted by G.S. 55B-6 of this Chapter to
be shareholders and which designates itself as may be required by this
statute, and which is organized under the provisions of this Chapter and
of Chapter 55, the North Carolina Business Corporation Act.
(6) The term "professional service" means any type of
personal or professional service of the public which requires as a condition
precedent to the rendering of such service the obtaining of a license from
a licensing board as herein defined, and pursuant to the following provisions
of the General Statutes:
Chapter 83A, "Architects"; Chapter 84, "Attorneys-at-Law";
Chapter 93, "Public Accountants"; and Article 1, "Practice
of Medicine," Article 2, "Dentistry," Article 6, "Optometry," Article 7,
"Osteopathy," Article 8, "Chiropractic," Article 9A, "Nursing Practice
Act," with regard to registered nurses, Article 11, "Veterinarians," Article
12A, "Podiatrists," Article 18A, "Practic-ing Psychologists," and Article
18D, "Occupational Therapy," of Chapter 90; Chapter 89C, "Engineering and
Land Surveying";
Chapter 89A, "Landscape Architects"; Chapter 90B, "Social
Worker Certification Act" with regard to Certified Clinical Social Workers
as defined by G.S. 90B-3; Chapter 89E, "Geologists"; and Chapter 89B, "Foresters.î(1969,
c. 718, s. 2; 1971, c. 196, s.
1; 1977, c. 53; c. 855, s. 1; 1979, c. 460; 1989 (Reg.
Sess., 1990),
c. 1024, s. 3; 1991, c. 205, s. 1; 1995, c. 382, s. 2.)
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