Frequently Asked Questions
Incorporation of a Chiropractic Business – PC, PA, and PLLC
This is not legal advice and you should seek the advice of a healthcare or business attorney for guidance.
The NC General Assembly has passed several statutes (laws) that govern everything from the name of a corporation, to who can own a one, who can co-own a professional corporation, and how it has to be registered.
Many of those statutes can be found in section 55B of the NC General Statutes and NC GS 90-157.3.
Additionally, there are rules from the Office of Administrative Hearings that govern chiropractic corporate entities in NC. Those can be found HERE.
No. You can practice as a sole proprietorship if you choose.
A DC rendering professional services through a corporate entity must provide those services through a professional corporation or professional limited liability corporation. A corporate entity that provides professional chiropractic services, must be in the form of a Professional Corporation (PC), Professional Association (PA ), or Professional Limited Liability Corporation (PLLC). See section 55B of the NC General Statutes.
NOTE: Entities in the form of Inc, Ltd, LLC, are not acceptable for a chiropractic corporation rendering chiropractic services to the public.
Short answer, no. Not even if they are a DC but without a license. All shareholders of a chiropractic corporation must be licensed by this board. See section 55B of the NC General Statutes and NC GS 90-157.3.
Typically, the spouse has one year to dispose of the practice and make sure a licensed doctor can assume ownership. See NC GS 55B-7.
A licensed North Carolina chiropractor who owns a 100% interest in a Chiropractic professional corporation or PLLC, may transfer that interest to a revocable living trust under the following conditions:
- The trust remains revocable
- The licensee/trustee maintains sole control of the trust
- The licensee is the beneficiary of the trust
- The trust complies with NCGS 55B-6, 55B-7(a), and 55B-7(b) in the event a substitute trustee steps in or the beneficiary becomes a non-licensee. In either event, the Board would be notified within 30 days, and ownership would change to a licensee within one year as mandated by law.
Yes – see 21 NCAC 10. 0217(d).
Chiropractic professional corporations and PLLCS are required to register with the NC Board of Chiropractic Examiners by the NC General Assembly (see section 55B of the NC General Statutes). One of the functions of this board is to keep a record of all chiropractic corporations, assure that all shareholders are currently licensed chiropractors, and report any non-compliance to the NC Secretary of State annually. We require that all chiropractic professional corporate entities register with our board, and renew annually, so that we may fulfill our legal obligation to the NC Secretary of State. See section 55B of the NC General Statutes.
For more information, forms, questions about selling a corporation, transferring a corporation, and more, go to: https://ncchiroboard.com/incorporation/
Email the board staff at: ncboce@ncchiroboard.com. Please allow 48 business hours for response.
