Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 8045 — Shorthand Reporting Corporations

Cal. Bus. & Prof. Code § 8045

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

The income of a shorthand reporting corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined by Section 13401 of the Corporations Code, shall not in any manner accrue to the benefit of such shareholder for his shares in the shorthand…

Citator

Cal. Bus. & Prof. Code § 8045 — Shorthand Reporting Corporations is in force in the current edition of the Code, and nothing recorded condemns it.

The income of a shorthand reporting corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined by Section 13401 of the Corporations Code, shall not in any manner accrue to the benefit of such shareholder for his shares in the shorthand reporting corporation.