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AR SB262
Bill
Status
5/5/2025
Primary Sponsor
Clint Penzo
Click for details
AI Summary
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Amends Arkansas Code § 4-29-307 regarding officers, directors, and shareholders of medical corporations
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Allows medical professionals who legally acquired ownership in a medical corporation while holding an active license under the Arkansas Medical Practices Act to retain ownership after their license becomes inactive or is voluntarily surrendered
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Permits retired or inactive-license physicians to maintain management and control of their medical corporation
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Requires that all medical services continue to be provided only by individuals who are currently licensed
Legislative Description
To Amend The Corporate Practice Of Medicine Doctrine; And To Authorize A Licensed Medical Professional Who Owns A Medical Corporation To Maintain Ownership Upon An Inactive License Or Retirement.
Last Action
Died on House Calendar at Sine Die adjournment.
5/5/2025