California Statutes
§ 2409. — 2409. (Added by Stats. 1980, Ch. 1314, Sec. 4.4.)
California·Code BPC Business and Professions Code - BPC·Div. 2. DIVISION 2. HEALING ARTS·Ch. 5. CHAPTER 5. Medicine·Art. 18. ARTICLE 18. Corporations
The income of a medical and podiatry corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined in Section 13401 of the Corporations Code, shall not in any manner accrue to the benefit of such shareholder or his or her shares in such a professional corporation.
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California § 2409. (2409. (Added by Stats. 1980, Ch. 1314, Sec. 4.4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1980, Ch. 1314, Sec. 4.4.