C.R.S. Section 12-315-121
Corporate structure for the practice of veterinary medicine

  • definitions

(1)

A licensed veterinarian shall not practice veterinary medicine in or through a corporation except in accordance with this section.

(2)

One or more persons may form or own shares in a corporation for the practice of veterinary medicine if the corporation is organized and operated in accordance with this section. A corporation formed pursuant to this section may exercise the powers and privileges conferred upon corporations by the laws of Colorado.

(3)

The practice of veterinary medicine by a corporation pursuant to this section must be performed by or under the supervision of a licensed veterinarian. Lay directors, officers, and shareholders of the corporation shall not exercise any authority whatsoever over the independent medical judgment of licensed veterinarians performing or supervising the practice of veterinary medicine by or on behalf of the corporation.

(4)

The corporation shall not engage in any act or omission that, if engaged in by a licensed veterinarian employed by the corporation, would violate section 12-315-112 (1). A violation of section 12-315-112 (1) is grounds for the board to discipline a licensee pursuant to section 12-315-112.

(5)

Nothing in this section diminishes or changes the obligation of each licensed veterinarian employed by the corporation to conduct the licensee’s practice so as not to violate section 12-315-112 (1). A licensed veterinarian who, by act or omission, causes the corporation to act or fail to act in a way that violates section 12-315-112 (1) or any provision of this section is personally responsible for the act or omission and is subject to discipline for the act or omission.

(6)

Nothing in this section modifies the veterinarian-patient-client privilege specified in section 24-72-204 (3)(a)(XIV).

(7)

As used in this section, unless the context otherwise requires:

(a)

“Corporation” means a domestic entity, as defined in section 7-90-102 (13), a foreign entity, as defined in section 7-90-102 (23), registered to do business in Colorado, or a sole proprietorship.

(b)

“Director” and “officer” of a corporation includes a member and a manager of a limited liability company and a partner in a registered limited liability partnership.

(c)

“Shareholder” includes a member of a limited liability company and a partner in a registered limited liability partnership.

Source: Section 12-315-121 — Corporate structure for the practice of veterinary medicine - definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-12.­pdf (accessed Oct. 20, 2023).

12‑315‑101
Short title 12‑315‑102
Legislative declaration 12‑315‑103
Applicability of common provisions 12‑315‑104
Definitions 12‑315‑105
License requirements and exceptions - definitions - rules 12‑315‑106
Board of veterinary medicine - creation - powers - rules 12‑315‑107
Application for license - qualifications - rules 12‑315‑108
Academic license 12‑315‑109
License by endorsement 12‑315‑110
License renewal - waiver - rules - continuing education 12‑315‑111
Inactive license 12‑315‑112
Discipline of licensees 12‑315‑113
Hearing procedure - judicial review 12‑315‑114
Unauthorized practice - penalties 12‑315‑115
Abandonment of animals - definition 12‑315‑116
Veterinary students and veterinary student preceptors 12‑315‑117
Emergency care or treatment 12‑315‑118
Repeal of article - subject to review 12‑315‑119
Veterinary records in custody of animal care providers - definition - rules 12‑315‑120
Reporting requirements - immunity for reporting - veterinary-patient-client privilege inapplicable 12‑315‑121
Corporate structure for the practice of veterinary medicine - definitions 12‑315‑122
Veterinary premises - licensed veterinarian responsible for veterinary medical decisions 12‑315‑123
Veterinary peer health assistance program - fees - administration - rules 12‑315‑124
Evaluations of licensees - behavioral health - mental health - physical conditions 12‑315‑125
Confidential agreement to limit practice 12‑315‑126
Prescriptions - limitations 12‑315‑201
Additional board duties - rules - repeal 12‑315‑202
Registration required - rules 12‑315‑203
Application for veterinary technician registration - qualifications - provisional registration - fee - rules - repeal 12‑315‑204
Use of title restricted 12‑315‑205
Veterinary technicians - registration by endorsement 12‑315‑206
Expiration, renewal, reinstatement, or reactivation of a registration - inactive status - rules - definition 12‑315‑207
Discipline of a registered veterinary technician - repeal 12‑315‑208
Examination of registrants - behavioral health - mental health - physical conditions 12‑315‑209
Duties of licensed veterinarian - direction and supervision of veterinary technician - rules 12‑315‑210
Unauthorized practice - penalties
Green check means up to date. Up to date

Current through Fall 2024

§ 12-315-121’s source at colorado​.gov