California Business and Professions Code

§ 4988

BPC § 4988 Effective Jan 1, 2003Div. 2 · Ch. 13 · Art. 6

Statute text

The income of a marriage and family therapy 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 that shareholder or his or her shares in the marriage and family therapy corporation.

Legislative history

Amended by Stats. 2002, Ch. 1013, Sec. 44. Effective January 1, 2003.