Section 606 – Veterinary corporations, partnerships, and limited liability companies — Unlicensed individuals — Ownership of capital stock — Service as officer or director.

• (1) As used in this section:
  • (a) “Veterinary corporation” means a professional corporation organized to render veterinary services under Title 16, Chapter 11, Professional Corporation Act.
  • (b) “Veterinary limited liability company” means a limited liability company organized to render veterinary services under Title 48, Chapter 3a, Utah Revised Uniform Limited Liability Company Act.
  • (c) “Veterinary partnership” means a partnership or limited liability partnership organized to render veterinary services under:
    • (i)Title 48, Chapter 1d, Utah Uniform Partnership Act; or
    • (ii)Title 48, Chapter 2e, Utah Uniform Limited Partnership Act.

• (2) A veterinary corporation may issue or transfer shares of the veterinary corporation’s capital stock to a person that is not licensed to practice veterinary medicine, surgery, and dentistry under this chapter.

• (3) An individual who is not licensed to practice veterinary medicine, surgery, and dentistry under this chapter:
  • (a) may not serve as an officer or director of a veterinary corporation; and
  • (b) may serve as secretary or treasurer of a veterinary corporation.

• (4) A veterinary limited liability company or a veterinary partnership may include an individual who is not licensed to practice veterinary medicine, surgery, and dentistry under this chapter.

Amended by Chapter 354, 2020 General Session