Ask a Lawyer and Get Answers to Your Legal Questions
A few more minutes please as I look into this.
Thank you for your patience;
According to the TN Board of Medical Examiners a practioner can only transfer their financial rights, governance rights, and membership interest in a business to another licensed practitioner pursuant to cod 63-6-204.
Furthermore, a NP cannot operate independently according to the Attorney General's opinion letter located here:http://www.tba.org/tba_files/AG/2007/ag_07-116.pdf
Further questions? Please post here to continue the chat.
Satisfied? Kindly rate positively so I receive credit for assisting you. I hope that you feel I have earned
5 stars *****
as I strive to provide my customers with great service.
(no additional charges are incurred).
Information provided is for educational purposes only. Consultation with a personal attorney is always recommended so your particular facts may be considered. Thank you and take care.
That is correct; any contract that allows for a non licensed individual to have a financial interest in a medical practice will be deemed void if it goes to court; additionally medical malpractice insurance will not cover a nonlicensed owner.
Hi- just checking in to see if you needed clarification on any of the above information. If so please post here (there is no additional charge for this) and I will do my best to get you the requested information.