Bill > SB262

This bill amends Arkansas law to modify the Corporate Practice of Medicine Doctrine by allowing a medical professional who originally acquired ownership of a medical corporation while holding an active medical license to maintain ownership, management, and control of that corporation even after their personal medical license becomes inactive or is voluntarily surrendered. Under this new provision, the key requirement is that all medical services continue to be provided exclusively by licensed medical professionals, ensuring patient care standards are maintained. The bill provides flexibility for medical professionals who may retire or temporarily become unlicensed, allowing them to retain their business interests without immediately divesting their ownership in the medical corporation. This change recognizes that medical professionals may have significant investments in their medical corporations and provides a legal pathway for them to preserve those investments even when they are no longer actively practicing medicine.

Health and Social Services

https://arkleg.state.ar.us/Bills/Detail?id=sb262&ddBienniumSession=2025%2F2025R