Legal Question in Business Law in Florida

Medical Practice Formation � Question . .

Medical Practice Formation � Question . .

Situation: a Chiropractor and a business (money) partner are forming a Medical Practice LLC:

Under Florida Law, is there a minimum % of ownership that the doctor must own?

(i.e. 51% - 49%? � or can the partners each own 50%?)


Asked on 12/14/08, 11:27 pm

1 Answer from Attorneys
Hunter Chamberlin Chamberlin Butler & Crowe, P.A.

Re: Medical Practice Formation � Question . .

There are a number of considerations that come into play, and the best time to put the pieces in place is at the beginning before the business has been formed. With regard to the ownership, there are not just administrative, but also financial, legal, and business considerations.

It is an exciting endeavor, but it has to be done properly. If you would like to chat further, please contact me at your convenience.

Good luck.

Read more
Answered on 12/15/08, 9:33 am


Related Questions & Answers

More Business Law questions and answers in Florida