Senate Bill No. 65–Committee on Judiciary

 

CHAPTER..........

 

AN ACT relating to professional corporations; allowing the formation of certain professional corporations; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

    Section 1. NRS 89.050 is hereby amended to read as follows:

    89.050  1.  Except as otherwise provided in subsection 2, a

professional corporation may be organized only for the purpose of

rendering one specific type of professional service and may not

engage in any business other than rendering the professional service

for which it was organized and services reasonably related thereto,

except that a professional corporation may own real and personal

property appropriate to its business and may invest its money in any

form of real property, securities or any other type of investment.

    2.  A professional corporation may be organized to render a

professional service relating to:

    (a) Architecture, interior design, residential design, engineering

and landscape architecture, or any combination thereof, and may be

composed of persons:

        (1) Engaged in the practice of architecture as provided in

chapter 623 of NRS;

        (2) Practicing as a registered interior designer as provided in

chapter 623 of NRS;

        (3) Engaged in the practice of residential design as provided

in chapter 623 of NRS;

        (4) Engaged in the practice of landscape architecture as

provided in chapter 623A of NRS; and

        (5) Engaged in the practice of professional engineering as

provided in chapter 625 of NRS.

    (b) Medicine, homeopathy and osteopathy, and may be

composed of persons engaged in the practice of medicine as

provided in chapter 630 of NRS, persons engaged in the practice of

homeopathic medicine as provided in chapter 630A of NRS and

persons engaged in the practice of osteopathic medicine as provided

in chapter 633 of NRS. Such a professional corporation may market

and manage additional professional corporations which are

organized to render a professional service relating to medicine,

homeopathy and osteopathy.

    (c) Mental health services, and may be composed of the

following persons, in any number and in any combination:

        (1) Any psychologist who is licensed to practice in this

state;

        (2) Any social worker who holds a master’s degree in social

work and who is licensed by this state as a clinical social worker;

        (3) Any registered nurse who is licensed to practice

professional nursing in this state and who holds a master’s degree

in the field of psychiatric nursing; and

        (4) Any marriage and family therapist who is licensed by

this state pursuant to chapter 641A of NRS.

Such a professional corporation may market and manage

additional professional corporations which are organized to

render a professional service relating to mental health services

pursuant to this paragraph.

    3.  A professional corporation may render a professional service

only through its officers and employees who are licensed or

otherwise authorized by law to render the professional service.

    Sec. 2.  This act becomes effective upon passage and approval.

 

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