1. (a) The corporation is organized and exists pursuant to the General Corporation Law and is a professional corporation within the meaning of the Moscone-Knox Professional Corporations Act, Corporations Code Section 13400, et seq.
2. (b) Each shareholder, director and officer (except as provided in Section 13403 of the Corporations Code and Section 2537.2 of the code) holds a valid speech-language pathologist's or audiologist's license, as the case may be. A speech-language pathologist may be a shareholder, officer or director of an audiology corporation and an audiologist may be a shareholder, officer or director of a speech-language pathology corporation in accordance with the numerical restrictions set forth in Section 13401.5 of the Corporations Code.
3. (c) Each employee of the corporation who will practice speech-language pathology or audiology whether or not a director, officer or shareholder, holds a valid speech-language pathologist's or audiologist's license.

A professional corporation shall comply with the following provisions:

Note: Authority cited: Sections 2531.95 and 2539, Business and Professions Code. Reference: Sections 2536 and 2536.1, Business and Professions Code; and Sections 13401, 13401.5, 13403, 13405 and 13406, Corporations Code.

History

1. Change without regulatory effect renumbering former section 1399.191 to section 1399.158.1 filed 12-6-99 pursuant to section 100, title 1, California Code of Regulations (Register 99, No. 50).