W. Va. Code R. § 5-6-3 - Procedures for Formation and Approval of Dental Corporations for Dentists; Fees

Current through Register Vol. XXXIX, No. 11, March 18, 2022

3.1. Dentists who desire to render dental services as a corporation shall comply with the provisions of W. Va. Code § 30-4-1 et seq and apply to the Board for a certificate of authorization. No corporation may have as a shareholder anyone other than a person who is duly licensed or otherwise legally authorized to render the dental services for which the corporation was organized.

3.2. The name of a dental corporation shall contain the words "corporation," "professional corporation", "company," "incorporated," or "limited" or an abbreviation of one of those words.

3.3. The name of a dental corporation shall comply with the rules concerning the practice of dentistry under trade name.

3.4. Every corporation shall file with the Board, at the time of formation, the names of every shareholder of the corporation together with an initial filing fee as set forth in the Board's fee schedule, and on an annual basis thereafter on or before the thirtieth day of June, every corporation shall file with the Board the names of every shareholder of the corporation together with an annual renewal fee as set forth in the Board's fee schedule 5CSR3.

3.5. Every dental corporation shall file with the Board a copy of the annual report required to be filed with the Secretary of State under W. Va. Code §59-l-2a on or before the thirtieth day of June on an annual basis.

3.6. Every dental corporation in compliance with all the provisions of this rule shall be approved by the Board.

3.7. If any person ceases to be a shareholder of any dental corporation, that person shall notify the Board in writing within twenty days from the date that he or she ceased to be a shareholder of the corporation. The fact that a person ceases to be a shareholder of a corporation may not affect the approval of the dental corporation by the Board, if the Board determines that the corporation remains in compliance with all the provision of this rule.

Notes

W. Va. Code R. § 5-6-3