Missouri Code of State Regulations
Title 20 - DEPARTMENT OF COMMERCE AND INSURANCE
Division 2210 - State Board of Optometry
Chapter 2 - General Rules
Section 20 CSR 2210-2.050 - Professional Optometric Corporations
Universal Citation: 20 MO Code of State Regs 2210-2.050
Current through Register Vol. 49, No. 6, March 15, 2024
PURPOSE: This rule governs professional optometric corporations.
(1) No person licensed under the provisions of Chapter 336, RSMo shall organize, form or, at any time, participate as incorporator, director, shareholder or officer of any corporation organized under the provisions of the Professional Corporation Law of Missouri, except-
(A) All incorporators,
directors and officers, other than the secretary of the corporation, shall be
registered under the provisions of Chapter 336, RSMo, shall have paid all fees
due under that chapter and must be in good standing with the board, except
that, if more than one (1) type of professional service is practiced by the
professional corporation pursuant to the provisions of subsection (1)(C), then
the incorporators, directors and officers other than secretary of the
corporation, shall be in good standing with the Missouri State Board of
Registration for the Healing Arts and duly licensed to practice one (1) or more
of the professional services referred to in subsection (1)(C);
(B) The proposed name of the corporation
shall contain the surname of each registered practitioner within the
corporation owning ten percent (10%) or more of the outstanding stock of the
corporation; provided, however, that if there are more than three (3)
registered practitioners, each of whom owns more than ten percent (10%) of the
stock of the corporation, the proposed corporate name shall contain only the
names of the three (3) practitioners who own the greatest number of shares of
stock of the proposed corporation. The proposed corporation shall end with the
words Professional Corporation or P.C. The proposed name of the corporation
shall contain the name of the profession to be practiced or the professional
title of practitioners of that profession but no other words other than those
previously specified. However, words other than those provided in this rule may
be used in proposed corporate names where the words are found by a majority of
the board at a regularly scheduled meeting to be in keeping with the ethical
standards of the profession; and
(C) A professional corporation may be
organized only for the purpose of rendering optometric service and its
ancillary services except that a multiple purpose professional corporation may
be organized to render optometric services in conjunction with any services
that lawfully may be rendered by a physician, surgeon, doctor of medicine or
doctor of osteopathy licensed under the provisions of a licensing law of this
state.
*Original authority: 336.160, RSMo 1939, amended 1947, 1963, 1981, 2007.
Disclaimer: These regulations may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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