California Statutes

§ 1211. — 1211. (Amended by Stats. 2012, Ch. 874, Sec. 3.)

California·Code BPC Business and Professions Code - BPC·Div. 2. DIVISION 2. HEALING ARTS·Ch. 3. CHAPTER 3. Clinical Laboratory Technology·Art. 1. ARTICLE 1. Definitions
(a)As used in this chapter, “owner” means any person with an ownership or control interest in a clinical laboratory.
(b)“Person with an ownership or control interest” means a person, partnership, or corporation that meets any of the following descriptions:
(1)Has an ownership interest totaling 5 percent or more in a clinical laboratory.
(2)Has an indirect ownership interest equal to 5 percent or more in a clinical laboratory.
(3)Has a combination of direct and indirect ownership interests equal to 5 percent or more in a clinical laboratory.
(4)Owns an interest of 5 percent or more in any mortgage, deed of trust, note, or other obligation secured by the clinical laboratory if that interest equals at least 5 percent of the value of the property or assets of the clinical laborator

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California § 1211. (1211. (Amended by Stats. 2012, Ch. 874, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2012, Ch. 874, Sec. 3. (SB 1481) Effective January 1, 2013.

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