California Business and Professions Code

§ 4153

BPC § 4153 Effective Jan 1, 1997Div. 2 · Ch. 9 · Art. 10

Statute text

The income of a pharmacy 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 the shareholder or his or her shares in the pharmacy corporation.

Legislative history

Added by Stats. 1996, Ch. 890, Sec. 3. Effective January 1, 1997.