[Previous] [Next]

§18-803.


§18-803.
   
   A. As used herein, unless the context clearly indicates that a
   different meaning is intended:
   
   1. "Associated act" means the Oklahoma General Corporation Act,
   Section 1001 et seq. of this title, in the case of a corporation; the
   Oklahoma Revised Uniform Limited Partnership Act, Section 301 et seq.
   of Title 54 of the Oklahoma Statutes, in the case of a limited
   partnership; or the Oklahoma Limited Liability Company Act, Section
   2000 et seq. of this title, in the case of a limited liability
   company;
   
   2. "Interest" means a share of stock in a corporation, a partnership
   interest in a limited partnership or a membership interest in a
   limited liability company;
   
   3. "Owner" means a shareholder in the case of a corporation, a general
   or limited partner in the case of a limited partnership or a member in
   the case of a limited liability company;
   
   4. "Manager" means a director or officer in the case of a corporation,
   a general partner in the case of a limited partnership or a manager in
   the case of a limited liability company;
   
   5. "Professional entity" means a domestic corporation, limited
   partnership or limited liability company formed for the purpose of
   rendering professional service;
   
   6. "Professional service" means the personal service rendered by:
   
   a. a physician, surgeon or doctor of medicine pursuant to a license
   under Sections 481 through 524 of Title 59 of the Oklahoma Statutes,
   and any subsequent laws regulating the practice of medicine,
   
   b. an osteopathic physician or surgeon pursuant to a license under
   Sections 620 through 645 of Title 59 of the Oklahoma Statutes, and any
   subsequent laws regulating the practice of osteopathy,
   
   c. a chiropractic physician pursuant to a license under Sections 161.1
   through 161.20 of Title 59 of the Oklahoma Statutes, and any
   subsequent laws regulating the practice of chiropractic,
   
   d. a podiatric physician pursuant to a license under Sections 135.1
   through 160.2 of Title 59 of the Oklahoma Statutes, and any subsequent
   laws regulating the practice of podiatric medicine,
   
   e. an optometrist pursuant to a license under Sections 581 through 606
   of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of optometry,
   
   f. a veterinarian pursuant to a license under Sections 698.1 through
   698.18 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of veterinary medicine,
   
   g. an architect pursuant to a license under Sections 46.1 through
   46.37 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of architecture,
   
   h. an attorney pursuant to his authority to practice law granted by
   the Supreme Court of the State of Oklahoma,
   
   i. a dentist pursuant to a license under Sections 328.1 through
   328.51a of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of dentistry,
   
   j. a certified public accountant or a public accountant pursuant to
   his authority to practice accounting under Sections 15.1 through 15.35
   of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of public accountancy,
   
   k. a psychologist pursuant to a license under Sections 1351 through
   1376 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of psychology,
   
   l. a physical therapist pursuant to a license under Sections 887.1
   through 887.18 of Title 59 of the Oklahoma Statutes, and any
   subsequent laws regulating the practice of physical therapy,
   
   m. a registered nurse pursuant to a license under Sections 567.1
   through 567.16a of Title 59 of the Oklahoma Statutes, and any other
   subsequent laws regulating the practice of nursing,
   
   n. a professional engineer pursuant to a license under Sections 475.1
   through 475.22b of Title 59 of the Oklahoma Statutes, and any
   subsequent laws relating to the practice of engineering,
   
   o. a land surveyor pursuant to a license under Sections 475.1 through
   475.22b of Title 59 of the Oklahoma Statutes, and any subsequent laws
   relating to the practice of land surveying,
   
   p. an occupational therapist pursuant to Sections 888.1 through 888.15
   of Title 59 of the Oklahoma Statutes and any subsequent law regulating
   the practice of occupational therapy,
   
   q. a speech pathologist or speech therapist pursuant to Sections 1601
   through 1622 of Title 59 of the Oklahoma Statutes, and any subsequent
   law regulating the practice of speech pathology,
   
   r. an audiologist pursuant to Sections 1601 through 1622 of Title 59
   of the Oklahoma Statutes, and any subsequent law regulating the
   practice of audiology,
   
   s. a registered pharmacist pursuant to Sections 353 through 366 of
   Title 59 of the Oklahoma Statutes, and any subsequent law regulating
   the practice of pharmacy,
   
   t. a licensed perfusionist pursuant to Sections 2051 through 2071 of
   Title 59 of the Oklahoma Statutes, and any subsequent laws regulating
   the practice of perfusionists,
   
   u. a licensed professional counselor pursuant to Sections 1901 through
   1920 of Title 59 of the Oklahoma Statutes, and any subsequent law
   regulating the practice of professional counseling, or
   
   v. a licensed marital and family therapist pursuant to Sections 1925.1
   through 1925.18 of Title 59 of the Oklahoma Statutes, and any
   subsequent law regulating the practice of marital and family therapy;
   
   7. "Related professional services" means those services which are
   combined for professional entity purposes as follows:
   
   a. any combination of the following professionals:
   
   (1) a physician, surgeon or doctor of medicine pursuant to a license
   under Sections 481 through 524 of Title 59 of the Oklahoma Statutes,
   and any subsequent laws regulating the practice of medicine,
   
   (2) an osteopathic physician or surgeon pursuant to a license under
   Sections 620 through 645 of Title 59 of the Oklahoma Statutes, and any
   subsequent laws relating to the practice of osteopathy,
   
   (3) a dentist pursuant to a license under Sections 328.1 through
   328.51a of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of dentistry,
   
   (4) a chiropractic physician pursuant to a license under Sections
   161.1 through 161.20 of Title 59 of the Oklahoma Statutes, and any
   subsequent laws regulating the practice of chiropractic,
   
   (5) a psychologist pursuant to a license under Sections 1351 through
   1376 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of psychology,
   
   (6) an optometrist pursuant to a license under Sections 581 through
   606 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of optometry, or
   
   (7) a podiatric physician pursuant to a license under Sections 135.1
   through 160.2 of Title 59 of the Oklahoma Statutes, and any subsequent
   laws regulating the practice of podiatric medicine, or
   
   b. any combination of the following professions:
   
   (1) an architect pursuant to a license under Sections 46.1 through
   46.37 of Title 59 of the Oklahoma Statutes, and any subsequent laws
   regulating the practice of architecture,
   
   (2) a professional engineer pursuant to a license under Sections 475.1
   through 475.22b of Title 59 of the Oklahoma Statutes, and any
   subsequent laws relating to the practice of engineering, or
   
   (3) a land surveyor pursuant to a license under Sections 475.1 through
   475.22b of Title 59 of the Oklahoma Statutes, and any subsequent laws
   relating to the practice of land surveying;
   
   8. "Regulating board" means the board which is charged with the
   licensing and regulation of the practice of the profession which the
   professional entity is organized to render;
   
   9. "Individual", "incorporator" and "shareholder" each include the
   trustee of an express trust created by a person duly licensed to
   render a professional service who has the right to revoke said trust
   and who is serving as the trustee of said trust. Any certificate
   required by the Professional Entity Act to be issued to an individual
   incorporator or shareholder may be issued to the grantor on behalf of
   a trust. All references in the Professional Entity Act to death and
   incapacity of a shareholder shall include the death and incapacity of
   the grantor of a trust which own stock in a professional corporation;
   
   10. "Incapacity" of a shareholder means a determination by a court of
   competent jurisdiction, or otherwise by two independent licensed
   physicians, that the share holder is fully incapacitated or is
   partially incapacitated to the extent that the shareholder is not
   capable of rendering the professional service for which the
   professional corporation was organized; and
   
   11. "Other personal representative" includes the successor trustee of
   an express trust owning stock in a professional corporation, which
   trust was created by a person duly licensed to render the professional
   service for which the professional corporation was organized who has
   the right to revoke the trust and who is the original trustee of the
   trust.
   
   B. The definitions of the applicable associated act shall apply to
   this act, unless the context clearly indicates that a different
   meaning is intended.
   

[Previous] [Next]