Business and Professions Code section 4153

The income of a pharmacy 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 his or her shares in the pharmacy corporation.

Source: Section 4153, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=4153.­ (updated Jan. 1, 1997; accessed Jun. 23, 2025).

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Verified:
Jun. 23, 2025

§ 4153's source at ca​.gov