<?xml version="1.0" encoding="ISO-8859-1"?><section number="16-11-8"><histories><history>Amended by Chapter <modchap sess="2010GS">378</modchap>, 2010 General Session</history><modyear>2010</modyear></histories><catchline>Officer, director, or shareholder shall be licensed professional -- Nonlicensed person as secretary or treasurer.</catchline><subsection number="16-11-8(1)"><subsection number="16-11-8(1)(a)">
Except as provided in Subsection <xref depth="4" refnumber="16-11-8(1)(b)" start="0">(1)(b)</xref>, a person may not be an officer, director, or shareholder of a professional corporation unless that person is:<subsection number="16-11-8(1)(a)(i)">
an individual licensed to render the same specific professional services as those for which the corporation is organized; or</subsection><subsection number="16-11-8(1)(a)(ii)">
qualified to be an officer, director, or shareholder under the applicable licensing act for the profession for which the corporation is organized.</subsection></subsection><subsection number="16-11-8(1)(b)">
Notwithstanding Subsection <xref depth="4" refnumber="16-11-8(1)(a)" start="0">(1)(a)</xref>, a nonlicensed person may serve as secretary or treasurer of the professional corporation.</subsection></subsection><subsection number="16-11-8(2)">
For purposes of Subsection <xref depth="4" refnumber="16-11-8(1)" start="0">(1)</xref>, professional services are considered the same specific professional services as those for which the corporation is organized if:
<subsection number="16-11-8(2)(a)">
the corporation is organized to provide services described in:<subsection number="16-11-8(2)(a)(i)"><xref depth="1" refnumber="58-67" start="0">Title 58, Chapter 67, Utah Medical Practice Act</xref>; or</subsection><subsection number="16-11-8(2)(a)(ii)"><xref depth="1" refnumber="58-68" start="0">Title 58, Chapter 68, Utah Osteopathic Medical Practice Act</xref>; and</subsection></subsection><subsection number="16-11-8(2)(b)">
the officer, director, or shareholder is licensed under either of the chapters listed in Subsection <xref depth="4" refnumber="16-11-8(2)(a)" start="0">(2)(a)</xref>.</subsection></subsection></section>
