Section 25.214. Corporate practice and fictitious names

(a) A licensee may hold ownership interests in businesses formed to provide goods or services related to the practice of medicine, if not otherwise prohibited by law, and if the licensee complies with the disclosure requirements of sections 1—3 of the act of May 26, 1988 (P. L. 403, No. 66) (35 P. S. § § 449.21—449.23).

(b) A licensee may form partnerships or professional corporations, for the practice of medicine, with other licensed physicians, allopathic or osteopathic, optometrists, dentists, psychologists, podiatrists and chiropractors if the incorporation is also authorized by Chapter 5, 16, 23, 29, 33 or 41.

(c) A licensee may practice under a fictitious name which is not misleading, deceptive, untrue or fraudulent, if not otherwise prohibited by law.

(d) Before filing with the Corporation Bureau of the Department of State, a licensee of the Board shall first file corporate documents with the Board for review and approval under this section.

The provisions of this § 25.214 adopted January 10, 1992, effective January 11, 1992, 22 Pa.B. 209; amended December 23, 1994, effective December 24, 1994, 24 Pa.B. 6420. Immediately preceding text appears at serial page (165205).

Notation

Authority

The provisions of this § 25.214 issued under section 16 of the Osteopathic Medical Practice Act (63 P. S. § 271.16); and section 902(b) of the Health Care Services Malpractice Act (40 P. S. § 1301.902(b)); amended under 15 Pa.C.S. § 2903(d)(ii).