ORS 58.376
Requirements for professional corporations organized to render professional health care services


(1)

As used in this section, “licensee” means an individual who has a license as a physician or a license as a physician assistant from the Oregon Medical Board or who has a license as a nurse practitioner from the Oregon State Board of Nursing.

(2)

In a professional corporation that is organized for the purpose of allowing physicians, physician assistants and nurse practitioners to jointly render professional health care services, licensees must:

(a)

Hold a majority of each class of shares of the professional corporation that is entitled to vote; and

(b)

Be a majority of the directors of the professional corporation.

(3)

An individual whom the professional corporation employs, or an individual who owns an interest in the professional corporation, may not direct or control the professional judgment of a licensee who is practicing within the professional corporation and within the scope of practice permitted under the licensee’s license.

(4)

A licensee whom the professional corporation employs, or a licensee who owns an interest in the professional corporation, may not direct or control the services of another licensee who is practicing within the professional corporation unless the other licensee is also practicing within the scope of practice permitted under the licensee’s license.

(5)

A professional corporation that is subject to ORS 58.375 (Requirements for professional corporations organized to practice medicine) may elect to become subject to this section by amending the professional corporation’s articles of incorporation or bylaws. [2017 c.179 §2]

Source: Section 58.376 — Requirements for professional corporations organized to render professional health care services, https://www.­oregonlegislature.­gov/bills_laws/ors/ors058.­html.

58.005
Short title
58.015
Definitions
58.035
Application to persons licensed to render professional services
58.037
Application to joint and several liability of shareholders of corporation organized under ORS chapter 60 for purpose of rendering professional services
58.045
Application of general corporation law and merger and conversion provisions
58.048
When appearance by attorney not required
58.076
Purposes for which professional corporation may be organized
58.085
Who may incorporate
58.087
When restatement of articles of incorporation required
58.101
Term of office for directors
58.115
Corporate name
58.129
Requirements to transact business in this state
58.134
Application for authority to transact business
58.136
Amended application for authority to transact business
58.141
Rights and duties of foreign professional corporation and shareholders
58.156
Method by which professional corporation to render services
58.165
Fees collected by corporation
58.185
Liabilities of employees, shareholders and the corporation
58.187
Revision of limitations on liability in ORS 58.185 to reflect inflation or deflation
58.196
Limits on merger
58.205
Corporation prohibited from doing acts prohibited to professional licensee
58.225
Annual reports
58.300
Redemption of shares
58.325
Application to professional licensing agencies
58.335
Filing of documents with professional licensing agency
58.345
Registration and renewal with professional licensing agency
58.355
Suspension, revocation or refusal of certificate of registration
58.365
Oregon State Bar as regulating board for attorneys
58.367
Authority of regulatory board to establish rules affecting professional corporation
58.369
Application of chapter to practice of dentistry
58.375
Requirements for professional corporations organized to practice medicine
58.376
Requirements for professional corporations organized to render professional health care services
58.377
Transferee of shares
58.379
Powers of professional corporation organized to practice medicine
58.381
Proxies
58.383
Issuance, sale, transfer and redemption of shares
58.385
Disqualification of physician
58.387
Disposition of shares of deceased shareholder
58.389
Price for purchase or redemption of shares of disqualified or deceased shareholder
58.400
Filing requirements
58.410
Filing, service, copying and certification fees
58.420
Effective time and date of document
58.430
Correcting filed document
58.440
Forms
58.450
Filing duty of Secretary of State
58.455
Penalty for signing false document
58.460
Appeal from Secretary of State’s refusal to file document
58.470
Evidentiary effect of copy of filed document
58.480
Certificate of existence or authorization
58.490
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