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DIVISION 2. HEALING ARTS 500-4999.129›CHAPTER 5. Medicine 2000-2529.6›ARTICLE 18. Corporations 2400-2417.5

§ 2409

California Business and Professions Code · 2020-11 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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