May 1, 2013, Introduced by Reps. Poleski, McMillin, Howrylak and Clemente and referred to the Committee on Commerce.
A bill to amend 1972 PA 284, entitled
"Business corporation act,"
by amending section 284 (MCL 450.1284), as added by 2012 PA 569.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 284. (1) Except as otherwise provided in subsection (2)
or (3), if a professional corporation provides a professional
service that is subject to article 15 of the public health code,
1978 PA 368, MCL 333.16101 to 333.18838, each shareholder of the
professional corporation must be licensed or legally authorized in
this state to provide the same professional service.
(2) One or more individuals who are licensed to engage in the
practice of medicine under part 170, the practice of osteopathic
medicine and surgery under part 175, or the practice of podiatric
medicine and surgery under part 180 of article 15 of the public
health code, 1978 PA 368, MCL 333.16101 to 333.18838, may organize
a professional corporation under this act with 1 or more other
individuals who are licensed to engage in the practice of medicine
under part 170, the practice of osteopathic medicine and surgery
under part 175, or the practice of podiatric medicine and surgery
under part 180 of article 15 of the public health code, 1978 PA
368, MCL 333.16101 to 333.18838.
(3) Subject to section 17048 of the public health code, 1978
PA 368, MCL 333.17048, 1 or more individuals who are licensed to
engage in the practice of medicine under part 170, the practice of
osteopathic medicine and surgery under part 175, or the practice of
podiatric medicine and surgery under part 180 of article 15 of the
public health code, 1978 PA 368, MCL 333.16101 to 333.18838, may
organize a professional corporation under this act with 1 or more
physician's assistants licensed under article 15 of the public
health code, 1978 PA 368, MCL 333.16101 to 333.18838. Beginning
July 19, 2010, 1 or more physician's assistants may not organize a
professional corporation under this act that will have only
physician's assistants as shareholders.
(4) A licensed person of another jurisdiction may become an
officer, agent, or employee of a professional corporation but shall
not provide any professional service in this state until the person
is licensed or otherwise legally authorized to provide the
professional service in this state.
(5) A professional corporation that is organized under this
act may engage in the practice of public accounting, as defined in
section 720 of the occupational code, 1980 PA 299, MCL 339.720, in
this state if more than 50% of the equity and voting rights of the
professional corporation are held directly or beneficially by
individuals who are licensed or otherwise authorized to engage in
the practice of public accounting under article 7 of the
occupational code, 1980 PA 299, MCL 339.720 to 339.736.