If a chiropractor becomes disqualified from practicing, how long do they have to dispose of their shares?

When a chiropractor becomes disqualified from practicing, there are specific regulations that dictate how long they have to dispose of their shares in a chiropractic business. The requirement for a 90-day period allows for adequate time to sell or transfer assets responsibly while ensuring compliance with the law. This period is established to protect both the integrity of the chiropractic profession and the interests of the public, as allowing a disqualified individual to maintain financial stakes could lead to ethical concerns or conflicts of interest.

A shorter period, such as 30 or 60 days, may not provide enough time for proper arrangements, potentially causing hurried decisions that could be detrimental to both the chiropractor and the business. Conversely, a longer period like 120 days could create uncertainties in the professional environment and complicate matters for the business as well as clients. Thus, the 90-day timeframe strikes a balance between immediacy and thoroughness, fostering responsible management of professional shares after disqualification.