(a) No corporation shall open, operate, or maintain an establishment for any of the purposes set forth in § 4-29-305 without a certificate of registration from the Arkansas State Medical Board.
(b) Application for the registration shall be made to the board in writing and shall contain the name and address of the corporation and such other information as may be required by the board.
(c)
(1) Upon receipt of the application, the board shall make an investigation of the corporation.
(2) If the board finds that the incorporators, officers, directors, and shareholders are each licensed pursuant to the Arkansas Medical Practices Act, § 17-95-201 et seq., § 17-95-301 et seq., and § 17-95-401 et seq., and if no disciplinary action is pending before the board against any of them, and if it appears that the corporation will be conducted in compliance with law and the regulations of the board, the board shall issue, upon payment of a registration fee of twenty-five dollars ($25.00), a certificate of registration which shall remain effective until January 1 following the date of the registration.
(d) Upon written application of the holder, accompanied by a fee of ten dollars ($10.00), the board shall annually renew the certificate of registration if the board finds that the corporation has complied with its rules and the provisions of this subchapter.
(e) The certificate of registration shall be conspicuously posted upon the premises to which it is applicable.
(f) In the event of a change of location of the registered establishment, the board, in accordance with its rules, shall amend the certificate of registration so that it shall apply to the new location.
(g) No certificate of registration shall be assignable.
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