California CodesBusiness and Professions Code - BPCDivision 2 — Healing ArtsChapter 12 — AcupunctureArticle 7 — Acupuncture CorporationsSection 4979
The board may adopt and enforce regulations to carry out the purposes and objectives of this article, including, but not limited to, regulations requiring (a) that the bylaws of an acupuncture corporation shall include a provision whereby the capital stock of the corporation owned by a disqualified person (as defined in Section 13401 of the Corporations Code), or a deceased person, shall be sold to the corporation or to the remaining shareholders of the corporation within the time the regulations may provide, and (b) that an acupuncture corporation shall provide adequate security by insurance or otherwise for claims against it by its patients arising out of the rendering of professional services.
Notes
Allows the Acupuncture Board to adopt and enforce regulations carrying out the acupuncture-corporation article, including rules requiring stock owned by a disqualified or deceased person to be sold to the corporation or remaining shareholders within a prescribed time. Allows regulations requiring adequate insurance or other security for patient claims arising from professional services.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 4979 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-2/chapter-12/article-7/section-4979