Business and Professions Code section 2996.2

The income of a psychological 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 the psychological corporation.

Source: Section 2996.2, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=2996.­2.­ (updated Jan. 1, 1980; accessed Jul. 20, 2026).

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Verified:
Jul. 20, 2026

§ 2996.2's source at ca​.gov