Cal. Bus. & Prof. Code § 2409
Current through the 2024 Legislative Session.
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.
Ca. Bus. and Prof'l. Code § 2409