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§ 55B-13. Suspension or revocation of certificate of registration. A licensing board may suspend or revoke a certificate of registration issued by it to a domestic or foreign professional corporation for any of the following reasons:
(1) Upon the failure of such corporation to promptly remove or discharge an officer, director, shareholder or employee who becomes disqualified by reason of the revocation or suspension of his license to practice; or
(2) Upon a finding by the licensing board that the professional corporation has failed to comply with the provisions of this Chapter or the regulations of the licensing board. Upon the suspension or revocation of a certificate of registration issued to a professional corporation, such corporation shall cease forthwith to render professional services, and the Secretary of State shall be notified to the end that the corporation may be removed from active status and remain as such until reinstatement.(1969, c. 718, s. 13; 1995, c. 351, s. 17.) § 55B-14. Types of professional services.
(a) A professional corporation shall render only one specific type professional service, and such services as may be ancillary thereto, and shall not engage in any other business or profession; provided, however, such corporation may own real and personal property necessary or appropriate for rendering the type of professional services it was organized to render and it may invest in real estate, mortgages, stocks, bonds, and any other type of investments.
(b) Notwithstanding subsection (a) of this section, in the case of architectural, landscape architectural, engineering or land surveying and geological services, as defined in Chapters 83A, 89A, 89C, and 89E respectively, one corporation may be authorized to provide such of these services where such corporation, and at least one corporate officer who is a stockholder thereof, is
duly licensed by the licensing board of each such profession.
(c) A professional corporation may also be formed by
and between or among:
(1) A licensed psychologist and a physician practicing
psychiatry to render psychotherapeutic and related services;
(2) Any combination of a registered nurse, nurse practitioner,
certified clinical specialist in psychiatric and mental health nursing,
certified nurse midwife, and certified nurse anesthetist, to render nursing
and related services that the respective stock-holders are licensed, certified,
or otherwise approved to provide;
(3) A physician and a physician assistant who is licensed,
registered, or otherwise certified under Chapter 90 of the General Statutes
to render medical and related services;
(4) A physician practicing psychiatry, or a licensed
psychologist, or both, and a certified clinical specialist in psychiatric
and mental health nursing, or a certified clinical social worker, or both,
to render psychotherapeutic and related services that the respective stockholders
are licensed, certified, or otherwise approved to provide;
(5) A physician and any combination of a nurse practitioner,
certified clinical specialist in psychiatric and mental health nursing,
or certified nurse midwife, registered or otherwise certified under Chapter
90 of the General Statutes, to render medical and related services that
the respective stockholders are licensed, certified, or otherwise approved
to provide; and
(6) A physician practicing anesthesiology and a certified
nurse anesthetist to render anesthesia and related medical services that
the respective stockholders are licensed, certified, or other-wise approved
to provide.(1969, c. 718, s. 14; 1971, c. 196, s. 2;
1973, c. 1446, s. 9; 1985, c. 251; 1991, c. 205, s. 4;
1995, c. 382, s. 1.)
§ 55B-15. Applicability of Chapter.
This Chapter shall not apply to any corporation which
prior to June 5, 1969, was permitted by law to render professional services
as herein defined or to the corporate successor of any such corporation
by merger or otherwise by operation of law, provided there is no substantial
change in the direct or indirect beneficial ownership of the shares of
such corporation as the result of such merger or other transaction; for
purposes of this section, a change of twenty percent (20%) or less shall
not be considered substantial. Any such corporation or successor corporation
rendering "professional service" as defined in G.S. 55B-2(6) may
be brought within the provisions of this Chapter by the filing of an amendment
to its articles of incorporation declaring that its shareholders have elected
to bring the corporation within the provisions of this Chapter and to make
the same conform to all of the provisions of this Chapter.(1969, c. 718,
s. 15; 1991, c. 645, s. 20.)
§ 55B-16. Foreign professional corporations.
(a) A foreign professional corporation may apply for
a certificate of authority to transact business in this State pursuant
to the provisions of this Chapter and Chapter 55 of the General Statutes
provided that:
(1) The corporation obtains a certificate of registration
from the appropriate licensing board or boards in this State;
(2) With respect to each professional service practiced
through the corporation in this State, at least one director and one officer
shall be a licensee of the licensing board which regulates the profession
in this State;