JurisdictionCaliforniaCode CORPCorporations Code - CORP
Div.3.
Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES
Part 4.PART 4. PROFESSIONAL CORPORATIONS
This text of California § 13401.5. (13401.5. (Amended by Stats. 2022, Ch. 290, Sec. 7.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Notwithstanding subdivision (d) of Section 13401 and any other provision of law, the following licensed persons may be shareholders, officers, directors, or professional employees of the professional corporations designated in this section so long as the sum of all shares owned by those licensed persons does not exceed 49 percent of the total number of shares of the professional corporation so designated herein, and so long as the number of those licensed persons owning shares in the professional corporation so designated herein does not exceed the number of persons licensed by the governmental agency regulating the designated professional corporation. This section does not limit employment by a professional corporation designated in this section to only those
licensed professionals
Free access — add to your briefcase to read the full text and ask questions with AI
Notwithstanding subdivision (d) of Section 13401 and any other provision of law, the following licensed persons may be shareholders, officers, directors, or professional employees of the professional corporations designated in this section so long as the sum of all shares owned by those licensed persons does not exceed 49 percent of the total number of shares of the professional corporation so designated herein, and so long as the number of those licensed persons owning shares in the professional corporation so designated herein does not exceed the number of persons licensed by the governmental agency regulating the designated professional corporation. This section does not limit employment by a professional corporation designated in this section to only those
licensed professionals listed under each subdivision. Any person duly licensed under Division 2 (commencing with Section 500) of the Business and Professions Code, the Chiropractic Act, or the Osteopathic Act may be employed to render professional services by a professional corporation designated in this section.
(a)
Medical corporation.
(1)
Licensed doctors of podiatric medicine.
(2)
Licensed psychologists.
(3)
Registered nurses.
(4)
Licensed optometrists.
(5)
Licensed marriage and family therapists.
(6)
Licensed clinical social workers.
(7)
Licensed physician assistants.
(8)
Licensed chiropractors.
(9)
Licensed acupuncturists.
(10)
Naturopathic doctors.
(11)
Licensed professional clinical counselors.
(12)
Licensed physical therapists.
(13)
Licensed pharmacists.
(14)
Licensed midwives.
(15)
Licensed occupational therapists.
(b)
Podiatric medical corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Registered nurses.
(4)
Licensed optometrists.
(5)
Licensed chiropractors.
(6)
Licensed acupuncturists.
(7)
Naturopathic doctors.
(8)
Licensed physical therapists.
(c)
Psychological corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Registered nurses.
(4)
Licensed optometrists.
(5)
Licensed marriage and family therapists.
(6)
Licensed clinical social workers.
(7)
Licensed chiropractors.
(8)
Licensed acupuncturists.
(9)
Naturopathic doctors.
(10)
Licensed professional clinical counselors.
(11)
Licensed midwives.
(d)
Speech-language pathology corporation.
(1)
Licensed audiologists.
(e)
Audiology corporation.
(1)
Licensed speech-language pathologists.
(f)
Nursing corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Licensed psychologists.
(4)
Licensed optometrists.
(5)
Licensed marriage and family therapists.
(6)
Licensed clinical social workers.
(7)
Licensed physician assistants.
(8)
Licensed chiropractors.
(9)
Licensed acupuncturists.
(10)
Naturopathic doctors.
(11)
Licensed professional clinical counselors.
(12)
Licensed midwives.
(g)
Marriage and family therapist corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Licensed clinical social workers.
(4)
Registered nurses.
(5)
Licensed chiropractors.
(6)
Licensed acupuncturists.
(7)
Naturopathic doctors.
(8)
Licensed professional clinical counselors.
(9)
Licensed midwives.
(h)
Licensed clinical social worker corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Licensed marriage and family therapists.
(4)
Registered nurses.
(5)
Licensed chiropractors.
(6)
Licensed acupuncturists.
(7)
Naturopathic doctors.
(8)
Licensed professional clinical counselors.
(i)
Physician assistants corporation.
(1)
Licensed physicians and surgeons.
(2)
Registered nurses.
(3)
Licensed acupuncturists.
(4)
Naturopathic doctors.
(5)
Licensed midwives.
(j)
Optometric corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Licensed psychologists.
(4)
Registered nurses.
(5)
Licensed chiropractors.
(6)
Licensed acupuncturists.
(7)
Naturopathic doctors.
(k)
Chiropractic corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Licensed psychologists.
(4)
Registered nurses.
(5)
Licensed optometrists.
(6)
Licensed marriage and family therapists.
(7)
Licensed clinical social workers.
(8)
Licensed acupuncturists.
(9)
Naturopathic doctors.
(10)
Licensed professional clinical counselors.
(11)
Licensed midwives.
(
l
)
Acupuncture corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric
medicine.
(3)
Licensed psychologists.
(4)
Registered nurses.
(5)
Licensed optometrists.
(6)
Licensed marriage and family therapists.
(7)
Licensed clinical social workers.
(8)
Licensed physician assistants.
(9)
Licensed chiropractors.
(10)
Naturopathic doctors.
(11)
Licensed professional clinical counselors.
(12)
Licensed midwives.
(m)
Naturopathic doctor corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Registered nurses.
(4)
Licensed physician assistants.
(5)
Licensed chiropractors.
(6)
Licensed acupuncturists.
(7)
Licensed physical therapists.
(8)
Licensed doctors of podiatric medicine.
(9)
Licensed marriage and family therapists.
(10)
Licensed clinical social workers.
(11)
Licensed optometrists.
(12)
Licensed professional clinical counselors.
(13)
Licensed midwives.
(n)
Dental corporation.
(1)
Licensed physicians and surgeons.
(2)
Dental assistants.
(3)
Registered dental assistants.
(4)
Registered dental assistants in extended functions.
(5)
Registered dental hygienists.
(6)
Registered dental hygienists in extended functions.
(7)
Registered dental hygienists in alternative practice.
(o)
Professional clinical counselor corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Licensed clinical social workers.
(4)
Licensed marriage and family therapists.
(5)
Registered nurses.
(6)
Licensed chiropractors.
(7)
Licensed acupuncturists.
(8)
Naturopathic doctors.
(9)
Licensed midwives.
(p)
Physical therapy corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Licensed acupuncturists.
(4)
Naturopathic doctors.
(5)
Licensed occupational therapists.
(6)
Licensed speech-language therapists.
(7)
Licensed audiologists.
(8)
Registered nurses.
(9)
Licensed psychologists.
(10)
Licensed physician assistants.
(11)
Licensed midwives.
(q)
Registered dental hygienist in alternative practice corporation.
(1)
Registered dental assistants.
(2)
Licensed dentists.
(3)
Registered dental hygienists.
(4)
Registered dental hygienists in extended functions.
(r)
Licensed midwifery corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed psychologists.
(3)
Registered nurses.
(4)
Licensed marriage and family therapists.
(5)
Licensed clinical social workers.
(6)
Licensed physician assistants.
(7)
Licensed chiropractors.
(8)
Licensed acupuncturists.
(9)
Licensed naturopathic doctors.
(10)
Licensed professional clinical counselors.
(11)
Licensed physical therapists.
(s)
Occupational therapy corporation.
(1)
Licensed physicians and surgeons.
(2)
Licensed doctors of podiatric medicine.
(3)
Licensed
acupuncturists.
(4)
Naturopathic doctors.
(5)
Licensed physical therapists.
(6)
Licensed speech-language therapists.
(7)
Licensed audiologists.
(8)
Registered nurses.
(9)
Licensed psychologists.
(10)
Licensed physician assistants.
(11)
Licensed midwives.
(12)
Licensed clinical social workers.
(13)
Licensed marriage and family therapists.
(14)
Licensed occupational therapy assistants.