Nevada Professional Limited Liability Partnership Agreement to Practice Medicine
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How to fill out Professional Limited Liability Partnership Agreement To Practice Medicine?
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FAQ
Under Nevada corporate law, those providing professional services, such as dentists, doctors, accountants, lawyers, etc., may practice under either a Nevada professional corporation (?PC?) or professional limited liability company (?PLLC?).
In the states that follow the CPOM, physicians ? or other licensed health professionals ? may provide medical services only through a professional corporation owned by professionals licensed in that state. California [1] is commonly regarded as among the most aggressive of the CPOM states, which include Arizona [2], ...
The PLLC name shall contain the words ?professional limited liability company,? or the abbreviations ?P.L.L.C.,? ?P.L.C.,? ?PLLC,? or ?PLC? in uppercase or lowercase letters.
Some states--California, Texas, Ohio, Colorado, Iowa, Illinois, New York and New Jersey--preclude hospitals from employing physicians to provide out-patient services. These states legislate what is known as the corporate practice of medicine doctrine.
What is the ?corporate practice of medicine? doctrine in California? Also known as CPOM, this law says that persons without a medical license are prohibited from employing physicians or owning a medical practice with a physician to provide medical services.
In Nevada, a corporation may lawfully engage in the practice of medicine only if one or more licensed physicians incorporate under, and strictly comply with, the provisions of the Professional Corporations and Associations Act.
There are 17 states that have no CPOM doctrine but 2/3 of states do. 34 that have a CPOM doctrine in some shape or form. Nevada has operated under a corporate practice of medicine framework based on court decisions and statutory exceptions for over 45 years.
The Nevada Limited Liability Company Act outlines the filing requirements for forming an LLC in the state of Nevada. Under this act, an LLC must file articles of organization with the Nevada Secretary of State to conduct business as an independent legal entity.
