Chapter 319B — Minnesota Professional Firms Act

319B.01 Professional Firms Act; Citation This chapter is called the Minnesota Professional Firms Act. 319B.02 Definitions This section defines terms used in the Professional Firms Act, like professional firm, board, and pertinent professional … 319B.03 Authority of Minnesota Firms to Furnish Professional Services; Election to Invoke the Act A Minnesota firm can elect to become a Minnesota professional firm authorized to provide professional services under the … 319B.04 Authority of Foreign Firms to Furnish Professional Services; Election to Invoke the Act Out-of-state firms can also elect to operate under this act to provide professional services in Minnesota. 319B.05 Firm Name Professional firm names must not imply superiority and must end with the proper designation like P.A., Ltd., or LLC. 319B.06 Furnishing Services A professional firm may provide professional services in Minnesota in one category, or in more than one category if the … 319B.07 Ownership Interests Only licensed professionals and certain qualifying entities may own interests in a professional firm. Permitted owners … 319B.08 Effect of Death or Disqualification of Owner If an owner dies or becomes disqualified to practice all of the firm's professional services, the deceased or … 319B.09 Governance A professional firm must be governed by licensed professionals. A surviving spouse of a sole owner can govern for up to … 319B.10 Mergers and Other Reorganizations A professional firm may enter into a merger, consolidation, exchange of ownership interests, conversion, or other … 319B.11 Professional Regulation This section governs how licensing boards regulate professional firms. Each board may make rules to carry out the … 319B.12 Transition Provisions This section handles the transition from the older chapter 319A professional corporation law to the professional firms … 319B.40 Professional Health Services Licensed health professionals like doctors, nurses, chiropractors, and dentists can practice together in combined …