Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 4153 — Pharmacy Corporations

Cal. Bus. & Prof. Code § 4153

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

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.

Citator

Cal. Bus. & Prof. Code § 4153 — Pharmacy Corporations is in force in the current edition of the Code, and nothing recorded condemns it.

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.