California CodesBusiness and Professions Code - BPCDivision 2 — Healing ArtsChapter 4 — DentistryArticle 9.1 — Registered Dental Hygienist in Alternative Practice CorporationsSection 1967.4
(a) The bylaws of a registered dental hygienist in alternative practice corporation shall include a provision whereby the capital stock of the professional corporation owned by a disqualified person, as defined in subdivision (e) of Section 13401 of the Corporations Code, or a deceased person, shall be sold to the professional corporation or to the remaining shareholders of the professional corporation not later than 90 days after disqualification, if the shareholder becomes a disqualified person, or not later than six months after death, if the shareholder becomes deceased.
(b) A registered dental hygienist in alternative practice 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
Requires an alternative-practice registered-dental-hygienist corporation’s bylaws to compel sale of stock held by a disqualified shareholder within 90 days after disqualification or by a deceased shareholder within six months after death, to the corporation or remaining qualified shareholders. The corporation must also maintain adequate insurance or other security for patient claims arising from professional services.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 1967.4 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-2/chapter-4/article-9-1/section-1967-4