Who can receive shares from a chiropractic corporation?

A chiropractic corporation can issue shares to licensed individuals, specifically chiropractors who meet the necessary legal requirements to own shares in such a corporation. This aligns with regulations governing healthcare practices, which often stipulate that ownership and control must be maintained by those who have the appropriate licenses to ensure patient care standards and ethical practices are met.

Issuing shares to unlicensed individuals or corporations that do not hold a chiropractic license would violate these regulatory standards, as it could lead to potential conflicts of interest or influence over patient care by those without the requisite qualifications. Thus, allowing only licensed individuals or the corporation itself to hold shares serves to protect the integrity and accountability of chiropractic practice.