Business and Professions Code section 2409


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.
Last Updated

Apr. 24, 2025

§ 2409’s source at ca​.gov