What is the purpose of the California FNP 004 form?
The California FNP 004 form is used for the notification of renewal and hold release of a fictitious name permit. This permit allows a medical practice to operate under a name that is not the legal name of the owner or corporation. It ensures that all business practices are transparent and in compliance with state regulations.
Who needs to fill out the FNP 004 form?
This form must be completed by the current owner of the fictitious name permit. It is essential for any individual, partnership, or corporation that wishes to renew their permit or address changes in ownership or address. Current owners must ensure the form is filled out in its entirety and signed for it to be valid.
What information is required on the form?
Key information includes the fictitious name, the current physical practice address (a PO Box is not acceptable), and the owner's FNP number. Owners must also specify whether there is a hold on the fictitious name and provide details regarding any changes in shareholders or partners if applicable. All signatures required must be included for the changes to be processed.
What happens if a fictitious name permit is not renewed?
If the fictitious name permit is not renewed on time, the permit may lapse. This could result in the inability to legally operate under the chosen fictitious name. It's crucial to stay informed about renewal deadlines to avoid any interruption in business operations.
Can a fictitious name permit be transferred to another owner?
No, a fictitious name permit is not transferable. If a medical practice changes ownership, the former owner must cancel the existing permit using an “Application for Cancellation of a Fictitious Name Permit.” The new owner must submit a “Fictitious Name Permit Application.” Both applications should be sent together to secure the name for the new owner.
What are the fees associated with the FNP 004 form?
The renewal fee for the fictitious name permit is currently set at $_________ (insert fee amount here). Owners should confirm the fee amount before submitting the form to ensure prompt processing. Additional fees may apply for the cancellation or application of a new permit.