California Business and Professions Code

§ 8045

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

BPC § 8045Div. 3 · Ch. 13 · Art. 5

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1972, Ch. 1306.