Substitute Senate Bill No. 1122
         Substitute Senate Bill No. 1122

              PUBLIC ACT NO. 97-153


AN    ACT    CONCERNING    PROFESSIONAL    SERVICE
CORPORATIONS.


    Be  it  enacted  by  the  Senate  and House of
Representatives in General Assembly convened:
    Section  1.  Section  33-182a  of  the general
statutes  is  repealed  and   the   following   is
substituted in lieu thereof:
    As  used  in  this chapter the following words
shall have the meaning indicated:
    (1)  "Professional  service" means any type of
service to the public which requires that  members
of  a  profession  rendering such service obtain a
license  or  other  legal   authorization   as   a
condition  precedent  to  the  rendition  thereof,
limited to the professional services  rendered  by
dentists, natureopaths, osteopaths, chiropractors,
physicians and  surgeons,  doctors  of  dentistry,
physical   therapists,   occupational  therapists,
podiatrists, optometrists, nurses, nurse-midwives,
veterinarians,       pharmacists,      architects,
professional engineers, or jointly  by  architects
and  professional engineers, landscape architects,
certified   public    accountants    and    public
accountants,    land   surveyors,   psychologists,
attorneys-at-law,  licensed  marital  and   family
therapists and licensed clinical social workers.
    (2)  "Professional  corporation"  means  (A) a
corporation which is organized under this  chapter
for  the  sole  and  specific purpose of rendering
professional  service  and  which   has   as   its
shareholders  only  individuals who themselves are
licensed or otherwise legally authorized to render
the  same  professional service as the corporation
[or] (B) a corporation which  is  organized  under
this  chapter for the sole and specific purpose of
rendering  professional   services   rendered   by
members   of   two   or   more  of  the  following
professions:  Psychology,   marital   and   family
therapy,  social  work, nursing and psychiatry and
that has as its shareholders only individuals  who
themselves   are  licensed  or  otherwise  legally
authorized  to  render  one  of  the  professional
services    for    which   the   corporation   was
specifically incorporated  OR  (C)  A  CORPORATION
WHICH IS ORGANIZED UNDER THIS CHAPTER FOR THE SOLE
AND SPECIFIC  PURPOSE  OF  RENDERING  PROFESSIONAL
SERVICES    BY    PHYSICIANS    SPECIALIZING    IN
OPHTHALMOLOGY AND OPTOMETRISTS AND THAT HAS AS ITS
SHAREHOLDERS  ONLY  INDIVIDUALS WHO THEMSELVES ARE
LICENSED OR OTHERWISE LEGALLY AUTHORIZED TO RENDER
ONE  OF  THE  PROFESSIONAL  SERVICES FOR WHICH THE
CORPORATION WAS SPECIFICALLY INCORPORATED.
    (3)  "Shareholder"  means  the  holder  of any
shares of the  capital  stock  of  a  professional
corporation.  The  shareholders  of a professional
corporation may be designated as "members" in  its
certificate  of  incorporation,  bylaws  and other
corporate documents and may be  referred  to,  for
all  purposes,  as  "members",  whether  or not so
designated;  and,  the   term   "shareholder"   or
"shareholders",  when used in the general statutes
in reference to the shareholders of a professional
corporation, shall include such "members".
    Sec.   2.   Section  33-182c  of  the  general
statutes  is  repealed  and   the   following   is
substituted in lieu thereof:
    (a)  Any  person  or group of persons licensed
or otherwise legally authorized to render the same
professional  services  may  organize and become a
shareholder  or  shareholders  of  a  professional
corporation  for  profit  under  the provisions of
chapter 601, for the sole and specific purpose  of
rendering the same professional service.
    (b)  Any  group  of  persons,  each  member of
which is licensed or otherwise legally  authorized
to   render   any  of  the  professional  services
specified  in   subparagraph   (B)   OR   (C)   of
subdivision  (2) of section 33-182a, AS AMENDED BY
SECTION 1 OF THIS ACT,  may  organize  and  become
shareholders  of  a  professional  corporation for
profit under the provisions of  chapter  601,  for
the  sole and specific purpose of rendering two or
more of the  professional  services  specified  in
said subparagraph (B) OR (C), RESPECTIVELY.
    (c)   Persons  licensed  to  render  the  same
professional  services  in  another   jurisdiction
shall  not  be shareholders, directors or officers
of a professional corporation if such persons  (1)
unlawfully   practice  their  profession  in  this
state,  or  (2)  direct  or  control  any   person
licensed to practice such profession in this state
concerning the delivery of  professional  services
or the exercise of professional judgment.

Approved June 24, 1997