§ 2695
50 words·~1 min read·
/ca/business-and-professions-code/2695A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The income of a physical therapy 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 the physical therapy corporation.