Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 2780 — Nursing Corporations
Cal. Bus. & Prof. Code § 2780
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Date
- 2024-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Bus. & Prof. Code § 2780 — Nursing Corporations is in force in the current edition of the Code, and nothing recorded condemns it.
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.