WPC] (snB^`i|ZIL`zZmmׯHT^HϠa'41U^ F(‚KUcj8K?o S6֏cས8[rbN}X*{!FNX%MaČ4A+q,+> hY:tP9[;39ɽ٨;qzCj_||딍_KIY*᎞4P'yD]{\K>߿c"4!iWK;ԽBΖ92NSe6GicΫ|*^KO=CS/Ν2Ccslڣ,<T)O<1щZD |gtl5{%m~;SJ\`o20D&$M7W?rd}?zd '!r/: ?OR#&U: %) 0(/^ Wwc4g{ mN 0DU@UNLexmark Optra S 2455 ADLAW,,,,,,0,  AZ"Arial RegularX($2A Lq2ingP3|xU  '  _  ˤXXˤ5CSR2#XX:#  X #XXXXY#(3$ !  (O Z(Times New Roman 6Times New Roman Regular !  XXXXXX&%XX   *,X, XX* 8%%dd8ATITLE5 ' LEGISLATIVERULE  WESTVIRGINIABOARDOFDENTALEXAMINERS  SERIES2  ` FORMATIONANDAPPROVALOFPROFESSIONAL _ 8 LIMITEDLIABILITYCOMPANIES #XX%&V# 7  x (X(#(#(  &%XX521.General.       1.1.Scope.Thislegislativeruleaddresses p  proceduresfortheformationandapprovalof oH  professionallimitedliabilitycompaniesfor G  dentists.     1.2.Authority.W.Va.Code31B13   1304.    1.3.FilingDate.May6,2005. W0   1.4.EffectiveDate.July1,2005.   522.Definitions.     2.1.Board.TheWestVirginiaBoardof g@ DentalExaminers,establishedinW.Va.Code ? 3044.    2.2.Professionallimitedliabilitycompany.  Alimitedliabilitycompanyorganizedunder x Chapter31BoftheW.Va.Codeforthepurpose w P ofrenderingaprofessionalservice. O!(    2.3.Professionalservices.Theservices "" renderedunderW.Va.Code3041etseq.,by ## dentists. $$  523.ProceduresforFormationand _&8 & ApprovalofProfessionalLimitedLiability 7'!' CompaniesforDentists;Fees.  (!(   3.1.Dentistslicensedtopracticedentistryin )#* anactivestatusinthisStatewhodesiretorender *p$+ dentalprofessionalservicesasalimitedliability o+H%, companyshallcomplywiththeprovisionsofW. G, &- Va.Code31B131etseq.Noprofessional -&. limitedliabilitycompanyshallhaveasamember -'/ anyoneotherthanapersonwhoisdulylicensed  / orotherwiselegallyauthorizedtorenderthe 0 professionalservicesforwhichtheprofessional p 1 limitedliabilitycompanywasorganized. oH 2  D 3.2.Thenameofaprofessionallimited  4 liabilitycompanyshallcontainthewords  5  professionallimitedliabilitycompanyorthe  6 abbreviation P.L.L.C.or ProfessionalL.L. 7 C. X8  D 3.3.Dentistslicensedtopracticedentistryin /: anactivestatusinthisStatewhodesiretorender ; professionalservicesasalimitedliability < companyshallalsocomplywiththeprovisionsof = W.Va.Code3044band3044c.Thename h> ofalimitedliabilitycompanyintheareaof g@? dentistryshallcontainnothingbutthename, ?@ whichmustincludesurnamesofone,someor A everymemberofthefirmorpartnership,exceptin B acasewhereacity,townormunicipalitymaybe C usedwhennecessarytomakeanameuniquewith xD theSecretaryofStatesOffice. w PE  D 3.4.Everyprofessionallimitedliability, '"G companyshallfilewiththeBoardatthetimeof "H formation,andonanannualbasisonorbeforethe #I firstdayofJuly,thenamesofitsoneormore $J members,andwrittendocumentationthatthe %`K professionallimitedliabilitycompanycarriesat _&8 L leastonemilliondollarsofprofessionalliability 7'!M insurance,togetherwithaninitialfilingfeeandan (!N annualrenewalfeeassetforthintheBoardsfee ("O schedule5CSR3. )#P  D  p 3.4.a.Therequirementofcarryone o+H%R milliondollarsofprofessionalliability_insurance G, &S issatisfiediftheprofessionallimitedliability -&T companyprovidesonemilliondollarsoffunds -'U specificallydesignatedandsegregatedforthe ' satisfactionofjudgementsagainstthecompany  membersoranyofitsprofessionalor  nonprofessionalmanagersoremployeesarising  outoftheperformanceofprofessionalservicesto  ` patientsofthecompany,by: _ 8      4 (1)thedepositintrustorinbank   escrowofcash,bankcertificatesofdepositor   UnitedStatestreasuryobligation;or         4 (2)Ablankletterofcreditoran oH  insurancecompanybond. G    3.5.Everyprofessionallimitedliability   companyshallfilewiththeBoardacopyofthe   annualreportrequiredtobefiledwiththe   secretaryofstateunderW.Va.Code31B2211. X Thecopyoftheannualreport,andacopyofany W0 correctedannualreportfiledwiththesecretaryof / state,shallbefiledwiththeBoardonorbefore  thefirstdayofJulyonanannualbasis.    3.6.Everyprofessionallimitedliability h companyincompliancewithalltheprovisionsof g@ thisruleshallbeapprovedbyandremain ? approvedbytheBoard.    3.7.Ifanypersonceasestobeamemberof  anyprofessionallimitedliabilitycompany,that x personshallnotifytheBoardinwritingwithin wP twentydaysfromthedatethatheorsheceasedto O ( beamemberoftheprofessionallimitedliability '!  company.Thefactthatapersonceasestobea !! memberofaprofessionallimitedliability "" companyshallnotaffecttheapprovalofthe ## professionallimitedliabilitycompanybythe $`$ Board,iftheBoarddeterminesthatthe _%8% professionallimitedliabilitycompanyremainsin 7& & compliancewithalltheprovisionofthisrule. ' '  524. NotificationofNoncompliance, (") CessationofRenderingProfessionalServices.  )t#*   4.1.IftheBoarddeterminesthata K+$%, professionallimitedliabilitycompanyisnotin #,%- compliancewithalltheprovisionsofthisruleand ,&. shouldceaserenderingprofessionalservicesin -'/ theState,theBoardshallnotifytheprofessional .(0 limitedliabilitycompanyinwriting,andupon '0 receiptofthewrittennotice,theprofessional 1 limitedliabilitycompanyshallceaserendering 2 professionalservicesintheState. 3  525.DentistPatientRelationship.  _ 85  D 5.1.Theprovisionsofthisruleshallnotbe  7 construedtoalteroraffectthedentistpatient  8 relationship.#&1%%&#_