47-11F-5. Action upon application--Duration of certificate.
Upon receipt of an application made pursuant to §47-11F-4, each licensing board shall investigate the proposed professional corporation. If the board finds that the shareholders and professional employees within its jurisdiction are properly licensed and have no disciplinary action pending before the board and if it appears that the corporation will be conducted in compliance with the law and rules of the board, the board shall issue an annually renewable certificate of registration upon payment of a registration fee in an amount to be established by rule pursuant to chapter 1-26. The application for renewal of a certificate of registration must report any change in status of the corporation or its shareholders. The corporation shall promptly report to any licensing board having jurisdiction the occurrence of any event mentioned in subdivisions 47-11F-8(1), (2), and (3).
Source: SL 2000, ch 219, §5.
Structure South Dakota Codified Laws
Section 47-11F-1 - Definition of terms.
Section 47-11F-2 - Professional corporation defined.
Section 47-11F-4 - Certificates of registration required--Application.
Section 47-11F-5 - Action upon application--Duration of certificate.
Section 47-11F-6 - Posting of certificate required.
Section 47-11F-8 - Suspension or revocation of certificate--Grounds.
Section 47-11F-11 - Corporate name.
Section 47-11F-12 - Ownership of property--Investment of funds.
Section 47-11F-13 - Professional practice or service without license not permitted.
Section 47-11F-14 - Exercise of powers accorded by governing law--Conditions.
Section 47-11F-16 - Relationship between health care provider and patient unaffected.
Section 47-11F-17 - Confidentiality of patient records.
Section 47-11F-18 - Licensing boards to promulgate rules to implement chapter.