Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 2409 — Corporations
Cal. Bus. & Prof. Code § 2409
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Bus. & Prof. Code § 2409 — Corporations is in force in the current edition of the Code, and nothing recorded condemns it.
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.