(a) One (1) or more persons licensed pursuant to the Arkansas Medical Practices Act, § 17-95-201 et seq., § 17-95-301 et seq., and § 17-95-401 et seq., may associate to form a corporation pursuant to the Arkansas Business Corporation Act of 1987, § 4-27-101 et seq., to own, operate, and maintain an establishment for the study, diagnosis, and treatment of human ailments and injuries, whether physical or mental, and to promote medical, surgical, and scientific research and knowledge.
(b) However, medical or surgical treatment, consultation, or advice may be given by employees of the corporation only if they are licensed pursuant to the Arkansas Medical Practices Act, § 17-95-201 et seq., § 17-95-301 et seq., and § 17-95-401 et seq.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 3 - Corporations and Associations
Chapter 29 - Professional Corporations
Subchapter 3 - Medical Corporation Act
§ 4-29-303. Application of Arkansas Business Corporation Act
§ 4-29-304. Physician-patient relationship unaltered
§ 4-29-305. Formation of corporation — Employee licensing required
§ 4-29-307. Officers, directors, and shareholders
§ 4-29-309. Certificate of registration — Issuance, renewal, etc
§ 4-29-310. Certificate of registration — Suspension or revocation
§ 4-29-311. Certificate of registration — Appeal from denial, suspension, or revocation
§ 4-29-312. Shares of deceased or disqualified shareholder — Price
§ 4-29-313. Foreign medical corporations — Certificates of registration — Governance — Licensure