(2) If a deceased shareholder of a professional corporation organized for the purpose of practicing medicine was the only shareholder of the corporation at the time of death, the corporation shall cease to practice medicine as of the date of death of the deceased shareholder unless the corporation has retained the services of another physician licensed in this state to practice medicine. Within six months after the date of death of the deceased shareholder:
(a) The shares of the deceased shareholder shall be sold to a physician or physicians who are licensed in this state to practice medicine;
(b) The name of the corporation shall be changed and restated articles adopted, which shall be filed with the Secretary of State in accordance with ORS chapter 60; or
(c) The corporation shall be dissolved. [1997 c.774 §23; 2019 c.165 §31]