State Codes and Statutes

Statutes > North-carolina > Chapter_55B > GS_55B-9

§55B‑9.  Professional relationship and liability.

(a)        Relationship. –Nothing in this Chapter shall be interpreted to abolish, modify, restrict,limit or alter the law in this State applicable to the professionalrelationship and liabilities between the licensee furnishing the professionalservices and the person receiving such professional service, or the standardsof professional conduct applicable to the rendering therein of such services.

(b)        Liability. – Ashareholder, a director, or an officer of a professional corporation is notindividually liable, directly or indirectly, including by indemnification,contribution, assessment, or otherwise, for the debts, obligations, andliabilities of, or chargeable to, the professional corporation that arise fromerrors, omissions, negligence, malpractice, incompetence, or malfeasancecommitted by another shareholder, director, or officer or by a representativeof the professional corporation; provided, however, nothing in this Chaptershall affect the liability of a shareholder, director, or officer of aprofessional corporation for his or her own errors, omissions, negligence,malpractice, incompetence, or malfeasance committed in the rendering ofprofessional services. (1969, c. 718, s. 9; 1993, c. 354, s. 2; 1999‑362,s. 2; 2000‑140, s. 101(f).)

State Codes and Statutes

Statutes > North-carolina > Chapter_55B > GS_55B-9

§55B‑9.  Professional relationship and liability.

(a)        Relationship. –Nothing in this Chapter shall be interpreted to abolish, modify, restrict,limit or alter the law in this State applicable to the professionalrelationship and liabilities between the licensee furnishing the professionalservices and the person receiving such professional service, or the standardsof professional conduct applicable to the rendering therein of such services.

(b)        Liability. – Ashareholder, a director, or an officer of a professional corporation is notindividually liable, directly or indirectly, including by indemnification,contribution, assessment, or otherwise, for the debts, obligations, andliabilities of, or chargeable to, the professional corporation that arise fromerrors, omissions, negligence, malpractice, incompetence, or malfeasancecommitted by another shareholder, director, or officer or by a representativeof the professional corporation; provided, however, nothing in this Chaptershall affect the liability of a shareholder, director, or officer of aprofessional corporation for his or her own errors, omissions, negligence,malpractice, incompetence, or malfeasance committed in the rendering ofprofessional services. (1969, c. 718, s. 9; 1993, c. 354, s. 2; 1999‑362,s. 2; 2000‑140, s. 101(f).)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_55B > GS_55B-9

§55B‑9.  Professional relationship and liability.

(a)        Relationship. –Nothing in this Chapter shall be interpreted to abolish, modify, restrict,limit or alter the law in this State applicable to the professionalrelationship and liabilities between the licensee furnishing the professionalservices and the person receiving such professional service, or the standardsof professional conduct applicable to the rendering therein of such services.

(b)        Liability. – Ashareholder, a director, or an officer of a professional corporation is notindividually liable, directly or indirectly, including by indemnification,contribution, assessment, or otherwise, for the debts, obligations, andliabilities of, or chargeable to, the professional corporation that arise fromerrors, omissions, negligence, malpractice, incompetence, or malfeasancecommitted by another shareholder, director, or officer or by a representativeof the professional corporation; provided, however, nothing in this Chaptershall affect the liability of a shareholder, director, or officer of aprofessional corporation for his or her own errors, omissions, negligence,malpractice, incompetence, or malfeasance committed in the rendering ofprofessional services. (1969, c. 718, s. 9; 1993, c. 354, s. 2; 1999‑362,s. 2; 2000‑140, s. 101(f).)