You are here: California / Business and Professions Code - BPC / ARTICLE 7. Speech-Language Pathology Corporations and Audiology Corporations [2536. - 2537.5.] / Section 2537.5.


Section 2537.5. (Added by renumbering Section 2539 by Stats. 1998, Ch. 1058, Sec. 7.)
Cite as: Cal. Bus. & Prof. Code §2537.5.

The board may adopt and enforce regulations to carry out the purposes and objectives of this article, and the Moscone-Knox Professional Corporation Act, including regulations requiring any of the following:

(a)That the bylaws of a speech-language pathology corporation or an audiology 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 by the estate of a deceased person shall be sold to the corporation or to the remaining shareholders of the corporation within that time as the regulations may provide.

(b)That a speech-language pathology corporation or an audiology corporation shall provide adequate security by insurance or otherwise for claims against it by its patients arising out of the rendering of professional services.



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