§ 55B-15. Applicability of Chapter.
§ 55B‑15. Applicabilityof Chapter.
(a) This Chapter shallnot apply to the following:
(1) A corporation whichprior to June 5, 1969, was permitted by law to render professional services orthe corporate successor of that corporation by merger or otherwise by operationof law, provided there is no substantial change in the direct or indirectbeneficial ownership of the shares of that corporation as the result of themerger or other transaction. For purposes of this subdivision, a change oftwenty percent (20%) or less shall not be considered substantial.
(2) A corporationauthorized in this State to render primary services governed by Articles 1, 2,4, or 5 of Chapter 87 of the General Statutes, if the corporation rendersservices as defined in Chapter 89C of the General Statutes, that are reasonablynecessary and connected with the primary services performed by individualsregularly employed in the ordinary course of business by the corporation. Theprofessional services may not be offered, performed, or rendered independentlyfrom the primary services rendered by the corporation. This subdivision doesnot restrict, limit, or modify the requirement that professional services mustbe provided by individuals regularly employed in the ordinary course of businessby the corporation and duly licensed to render these professional services inthis State. Nothing in this subdivision shall be interpreted to abolish,modify, restrict, limit, or alter the law in this State applicable to theprofessional relationship and liabilities between licensees furnishing theprofessional service and the person receiving the professional service, or thestandards of professional conduct applicable to the rendering of theprofessional service.
(b) A corporation orits successor exempt under subsection (a) of this section may be brought withinthe provisions of this Chapter by the filing of an amendment to its articles ofincorporation declaring that its shareholders have elected to bring thecorporation within the provisions of this Chapter and to make the same conformto all of the provisions of this Chapter. (1969, c. 718, s. 15; 1991,c. 645, s. 20; 1997‑244, s. 1.)