California Senate Bill SB492 Introduced / Bill

 BILL NUMBER: SB 492INTRODUCED BILL TEXT INTRODUCED BY Senator Hernandez FEBRUARY 21, 2013 An act to amend Section 3167 of the Business and Professions Code, relating to optometry. LEGISLATIVE COUNSEL'S DIGEST SB 492, as introduced, Hernandez. Optometric corporations. The Optometry Practice Act creates the State Board of Optometry, which licenses optometrists and regulates their practice. The act requires an optometric corporation, as defined, in conducting its practice, to observe and be bound by statutes, rules, and regulations to the same extent as a person holding a license to practice optometry. The act authorizes the board to formulate and enforce rules and regulations to carry out the purposes and objectives of the statutes governing optometric corporations, as specified. This bill would make technical, nonsubstantive changes to these provisions. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 3167 of the Business and Professions Code is amended to read: 3167. The board may formulate and enforce rules and regulations to carry out the purposes and objectives of this article, including rules and regulations requiring  (a) that the   both of the following:   (a)     The  articles of incorporation or bylaws of an optometric corporation shall  include a provision whereby the   provide for the sale of any  capital stock of  such   the  corporation owned by a disqualified person  (as   , as  defined in the Moscone-Knox Professional Corporation  Act)   Act  , or a deceased person  shall be   sold  to the corporation or to the remaining shareholders of  such   the  corporation within  such   the  time as  such   the  rules and regulations may provide  ; and (b) that an   .   (b)     An  optometric corporation  ,  as a condition of obtaining a certificate pursuant to the Moscone-Knox Professional Corporation Act and this article  ,  shall provide adequate security by insurance or otherwise for  claims   any claim  against it by  its patients   a patient  arising out of the rendering of professional services.