Business and Professions Code section 2780

The income of a nursing 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 the shareholder or their shares in the nursing corporation.

Source: Section 2780, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=2780. (updated Jan. 1, 2024; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 2780's source at ca.gov

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Location: https://california.public.law/codes/business_and_professions_code_section_2780

Original Source: Section 2780, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=2780. (last accessed May 12, 2025).