§415A-11  Responsibility for professional
services.  (a)  Every individual who renders professional services as an
employee of a professional corporation shall be liable for any negligent or
wrongful act or omission in which the individual personally participates to the
same extent as if the individual rendered the services as a sole practitioner. 
An employee of a professional corporation shall not be liable for the conduct
of other employees unless the employee is at fault in appointing, supervising,
or cooperating with the other employees.



(b)  Every corporation whose employees perform
professional services within the scope of their employment or of their apparent
authority to act for the corporation shall be liable to the same extent as its
employees.



(c)  Except as otherwise provided by statute,
if any corporation is liable under subsection (b), every shareholder of that
corporation shall be liable to the same extent as though the shareholder were a
partner in a partnership and the services giving rise to liability had been
rendered on behalf of the partnership, unless the corporation has provided
security for professional responsibility as provided in this subsection and the
liability is satisfied to the extent contemplated by the insurance or bond which
effectuates the security.



A professional corporation may provide security
for professional responsibility by procuring insurance or a surety bond issued
by an insurance company, or coverage under chapter 435E, or any combination
thereof, as the corporation may elect.  The minimum amount of security and
requirements as to the form and coverage provided by the insurance policy or
surety bond may be established for each profession by the licensing authority
for the profession, and the minimum amount may be set to vary with the number
of shareholders, the type of practice, or other variables deemed appropriate by
the licensing authority. [L 1985, c 259, pt of §1; am L 1987, c 135, §117; am L
1988, c 122, §1]