| | Sec. B-1. 13 MRSA §723, sub-§8, as enacted by PL 2001, c. 640, Pt. B, | §2 and affected by §7, is amended to read: |
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| | 8. Qualified person. "Qualified person" means an individual, | general partnership, professional limited liability company, | professional limited liability partnership, other professional | corporation or other entity or trust that is eligible under this | chapter to be issued shares by a professional corporation or any | other entity that is authorized by statute to provide the same | professional service provided by the professional corporation. |
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| | Sec. B-2. 13 MRSA §732, sub-§3, as enacted by PL 2001, c. 640, Pt. B, | §2 and affected by §7, is amended to read: |
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| | 3. Accountants. Nonlicensed individuals and qualified | employee stock ownership plans or programs or other employee | ownership programs and other entities may organize with | individuals who are licensed under Title 32, chapter 113 and may | become shareholders of a firm licensed to practice public | accountancy under Title 32, section 12252, as long as all of the | requirements for licensure under Title 32, section 12252, | subsection 3 are met by the firm. |
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| | Sec. B-3. 13 MRSA §736, sub-§2, as enacted by PL 2001, c. 640, Pt. B, | §2 and affected by §7, is amended to read: |
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| | 2. Assumed or fictitious name. A domestic professional | corporation or foreign professional corporation may render | professional services and exercise its authorized powers under an | assumed or fictitious name, as long as the corporation has first | registered the name to be so used in the manner required by met | the requirements for filing an assumed or fictitious name under | Title 13-C, section 404. |
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| | Sec. B-4. 13 MRSA §741, sub-§1, ¶¶C and D, as enacted by PL 2001, c. | 640, Pt. B, §2 and affected by §7, are amended to read: |
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| C. Professional corporations, professional limited | liability companies or professional limited liability | partnerships, domestic or foreign, authorized by law in this | State to render a professional service described in the | corporation's articles of incorporation; or |
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| D. Any other entity that is authorized by law to provide | the same professional service provided by the professional | corporation.; or |
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| | Sec. B-5. 13 MRSA §741, sub-§1, ¶E is enacted to read: |
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