State Codes and Statutes

Statutes > New-york > Bsc > Article-15 > 1503

§ 1503. Organization.    (a)   Notwithstanding   any  other  provision  of  law,  one  or  more  individuals duly authorized by  law  to  render  the  same  professional  service  within  the  state  may  organize,  or cause to be organized, a  professional service corporation for pecuniary profit under this article  for the purpose of rendering the same professional service, except  that  one  or more individuals duly authorized by law to practice professional  engineering, architecture,  landscape  architecture  or  land  surveying  within  the state may organize, or cause to be organized, a professional  service corporation for pecuniary profit  under  this  article  for  the  purpose  of rendering such professional services as such individuals are  authorized to practice.    (b)  The  certificate  of  incorporation  of  a  professional  service  corporation  shall  meet  the requirements of this chapter and (i) shall  state the profession or professions to be practiced by such  corporation  and  the  names and residence addresses of all individuals who are to be  the original shareholders, directors and officers of  such  corporation,  and  (ii)  shall  have  attached  thereto  a certificate or certificates  issued by the licensing authority certifying that each of  the  proposed  shareholders,  directors and officers is authorized by law to practice a  profession which the corporation is being organized to practice and,  if  applicable,  that  one  or  more  of  such  individuals is authorized to  practice each profession which the corporation  will  be  authorized  to  practice.    (c)  A  certified copy of the certificate of incorporation and of each  amendment thereto shall be filed by the corporation with  the  licensing  authority  within  thirty  days  after the filing of such certificate or  amendment with the department of state.    (d) A professional  service  corporation,  other  than  a  corporation  authorized  to  practice  law,  shall  be  under  the supervision of the  regents of the university of the state of New York  and  be  subject  to  disciplinary   proceedings   and   penalties,  and  its  certificate  of  incorporation shall be subject to suspension,  revocation  or  annulment  for cause, in the same manner and to the same extent as is provided with  respect   to   individuals   and   their   licenses,  certificates,  and  registrations in title eight  of  the  education  law  relating  to  the  applicable   profession.   Notwithstanding   the   provisions   of  this  subdivision, a professional service corporation authorized  to  practice  medicine  shall  be  subject  to  the  prehearing procedures and hearing  procedures as is provided with  respect  to  individual  physicians  and  their licenses in Title II-A of article two of the public health law.    (e)  A  corporation authorized to practice law shall be subject to the  regulation and control of, and its certificate of incorporation shall be  subject to  suspension,  revocation  or  annulment  for  cause  by,  the  appellate  division of the supreme court and the court of appeals in the  same manner and to the same extent provided in the  judiciary  law  with  respect  to individual attorneys and counselors-at-law. Such corporation  need not qualify  for  any  certification  under  section  four  hundred  sixty-four  of  the  judiciary law, take an oath of office under section  four hundred sixty-six of  such  law  or  register  under  section  four  hundred sixty-seven of such law.    (f)   The   order  of  suspension,  revocation  or  annulment  of  the  certificate of  incorporation  of  a  professional  service  corporation  pursuant  to subdivisions (e) and (f) of this section shall be effective  upon the filing of such order with the department of state.    (g) The practices  of  creative  arts  therapy,  marriage  and  family  therapy,  mental  health  counseling,  and  psychoanalysis  shall not be  deemed the same professional service for the purpose of paragraph (a) ofthis section, notwithstanding that such practices are all licensed under  article one hundred sixty-three of the education law.

State Codes and Statutes

Statutes > New-york > Bsc > Article-15 > 1503

§ 1503. Organization.    (a)   Notwithstanding   any  other  provision  of  law,  one  or  more  individuals duly authorized by  law  to  render  the  same  professional  service  within  the  state  may  organize,  or cause to be organized, a  professional service corporation for pecuniary profit under this article  for the purpose of rendering the same professional service, except  that  one  or more individuals duly authorized by law to practice professional  engineering, architecture,  landscape  architecture  or  land  surveying  within  the state may organize, or cause to be organized, a professional  service corporation for pecuniary profit  under  this  article  for  the  purpose  of rendering such professional services as such individuals are  authorized to practice.    (b)  The  certificate  of  incorporation  of  a  professional  service  corporation  shall  meet  the requirements of this chapter and (i) shall  state the profession or professions to be practiced by such  corporation  and  the  names and residence addresses of all individuals who are to be  the original shareholders, directors and officers of  such  corporation,  and  (ii)  shall  have  attached  thereto  a certificate or certificates  issued by the licensing authority certifying that each of  the  proposed  shareholders,  directors and officers is authorized by law to practice a  profession which the corporation is being organized to practice and,  if  applicable,  that  one  or  more  of  such  individuals is authorized to  practice each profession which the corporation  will  be  authorized  to  practice.    (c)  A  certified copy of the certificate of incorporation and of each  amendment thereto shall be filed by the corporation with  the  licensing  authority  within  thirty  days  after the filing of such certificate or  amendment with the department of state.    (d) A professional  service  corporation,  other  than  a  corporation  authorized  to  practice  law,  shall  be  under  the supervision of the  regents of the university of the state of New York  and  be  subject  to  disciplinary   proceedings   and   penalties,  and  its  certificate  of  incorporation shall be subject to suspension,  revocation  or  annulment  for cause, in the same manner and to the same extent as is provided with  respect   to   individuals   and   their   licenses,  certificates,  and  registrations in title eight  of  the  education  law  relating  to  the  applicable   profession.   Notwithstanding   the   provisions   of  this  subdivision, a professional service corporation authorized  to  practice  medicine  shall  be  subject  to  the  prehearing procedures and hearing  procedures as is provided with  respect  to  individual  physicians  and  their licenses in Title II-A of article two of the public health law.    (e)  A  corporation authorized to practice law shall be subject to the  regulation and control of, and its certificate of incorporation shall be  subject to  suspension,  revocation  or  annulment  for  cause  by,  the  appellate  division of the supreme court and the court of appeals in the  same manner and to the same extent provided in the  judiciary  law  with  respect  to individual attorneys and counselors-at-law. Such corporation  need not qualify  for  any  certification  under  section  four  hundred  sixty-four  of  the  judiciary law, take an oath of office under section  four hundred sixty-six of  such  law  or  register  under  section  four  hundred sixty-seven of such law.    (f)   The   order  of  suspension,  revocation  or  annulment  of  the  certificate of  incorporation  of  a  professional  service  corporation  pursuant  to subdivisions (e) and (f) of this section shall be effective  upon the filing of such order with the department of state.    (g) The practices  of  creative  arts  therapy,  marriage  and  family  therapy,  mental  health  counseling,  and  psychoanalysis  shall not be  deemed the same professional service for the purpose of paragraph (a) ofthis section, notwithstanding that such practices are all licensed under  article one hundred sixty-three of the education law.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Bsc > Article-15 > 1503

§ 1503. Organization.    (a)   Notwithstanding   any  other  provision  of  law,  one  or  more  individuals duly authorized by  law  to  render  the  same  professional  service  within  the  state  may  organize,  or cause to be organized, a  professional service corporation for pecuniary profit under this article  for the purpose of rendering the same professional service, except  that  one  or more individuals duly authorized by law to practice professional  engineering, architecture,  landscape  architecture  or  land  surveying  within  the state may organize, or cause to be organized, a professional  service corporation for pecuniary profit  under  this  article  for  the  purpose  of rendering such professional services as such individuals are  authorized to practice.    (b)  The  certificate  of  incorporation  of  a  professional  service  corporation  shall  meet  the requirements of this chapter and (i) shall  state the profession or professions to be practiced by such  corporation  and  the  names and residence addresses of all individuals who are to be  the original shareholders, directors and officers of  such  corporation,  and  (ii)  shall  have  attached  thereto  a certificate or certificates  issued by the licensing authority certifying that each of  the  proposed  shareholders,  directors and officers is authorized by law to practice a  profession which the corporation is being organized to practice and,  if  applicable,  that  one  or  more  of  such  individuals is authorized to  practice each profession which the corporation  will  be  authorized  to  practice.    (c)  A  certified copy of the certificate of incorporation and of each  amendment thereto shall be filed by the corporation with  the  licensing  authority  within  thirty  days  after the filing of such certificate or  amendment with the department of state.    (d) A professional  service  corporation,  other  than  a  corporation  authorized  to  practice  law,  shall  be  under  the supervision of the  regents of the university of the state of New York  and  be  subject  to  disciplinary   proceedings   and   penalties,  and  its  certificate  of  incorporation shall be subject to suspension,  revocation  or  annulment  for cause, in the same manner and to the same extent as is provided with  respect   to   individuals   and   their   licenses,  certificates,  and  registrations in title eight  of  the  education  law  relating  to  the  applicable   profession.   Notwithstanding   the   provisions   of  this  subdivision, a professional service corporation authorized  to  practice  medicine  shall  be  subject  to  the  prehearing procedures and hearing  procedures as is provided with  respect  to  individual  physicians  and  their licenses in Title II-A of article two of the public health law.    (e)  A  corporation authorized to practice law shall be subject to the  regulation and control of, and its certificate of incorporation shall be  subject to  suspension,  revocation  or  annulment  for  cause  by,  the  appellate  division of the supreme court and the court of appeals in the  same manner and to the same extent provided in the  judiciary  law  with  respect  to individual attorneys and counselors-at-law. Such corporation  need not qualify  for  any  certification  under  section  four  hundred  sixty-four  of  the  judiciary law, take an oath of office under section  four hundred sixty-six of  such  law  or  register  under  section  four  hundred sixty-seven of such law.    (f)   The   order  of  suspension,  revocation  or  annulment  of  the  certificate of  incorporation  of  a  professional  service  corporation  pursuant  to subdivisions (e) and (f) of this section shall be effective  upon the filing of such order with the department of state.    (g) The practices  of  creative  arts  therapy,  marriage  and  family  therapy,  mental  health  counseling,  and  psychoanalysis  shall not be  deemed the same professional service for the purpose of paragraph (a) ofthis section, notwithstanding that such practices are all licensed under  article one hundred sixty-three of the education law.