DIVISION 2. HEALING ARTS 500-4999.129›CHAPTER 5. Medicine 2000-2525.5›ARTICLE 18. Corporations 2400-2417.5
§ 2409
California Business and Professions Code · 2018-11 edition · updated 2026-10-04 · California
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.
(Added by Stats. 1980, Ch. 1314, Sec. 4.4.)
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