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California Business and Professions Code

§ 1056

BPC § 1056Div. 2 · Ch. 2 · Art. 2
The income of a chiropractic corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the chiropractic corporation.

Legislative history

Added by Stats. 1970, Ch. 1110.

Source: California Business and Professions Code § 1056 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.