Cal. Bus. & Prof. Code § 4988

Current through the 2023 Legislative Session.
Section 4988 - No accrual of income to disqualified person

The income of a marriage and family therapy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of that shareholder or his or her shares in the marriage and family therapy corporation.

Ca. Bus. and Prof'l. Code § 4988

Amended by Stats 2002 ch 1013 (SB 2026), s 44, eff. 1/1/2003.