Statute · California Business and Professions Code
Cal. Bus. & Prof. Code § 5155 — Accountancy Corporations
Cal. Bus. & Prof. Code § 5155
- Type
- Statute
- Source
- California Business and Professions Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The income of an accountancy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the accountancy…
Citator
Cal. Bus. & Prof. Code § 5155 — Accountancy Corporations is in force in the current edition of the Code, and nothing recorded condemns it.
The income of an accountancy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the accountancy corporation.