§ 2409
51 words·~1 min read·
/ca/business-and-professions-code/2409A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.