This part shall be known and may be cited as the "Moscone-Knox Professional Corporation Act." Ca. Corp. Code § 13400 Added by Stats. 1968, Ch. 1375.
Ca. Civ. Proc. Code § 81 through 84 Repealed by Stats 2002 ch 784 (SB 1316),s 27, eff. 1/1/2003.
A corporation may be formed under the General Corporation Law or pursuant to subdivision (b) of Section 13406 for the purposes of qualifying as a professional corporation in the manner provided in this part and rendering professional services. The articles of incorporation of a professional corporation shall contain a specific statement that the corporation is a professional corporation within the meaning of this part. Except as provided in subdivision (b) of Section 13401, no professional corporation
(a) Where there are two or more shareholders in a professional corporation and one of the shareholders: (1) Dies; or (2) Becomes a disqualified person as defined in Section 13401(d) of the Corporations Code. His or her shares shall be sold and transferred to the corporation, its shareholders or other eligible licensed persons on such terms as are agreed upon. Such sale or transfer shall not be later than six (6) months after any such death and not later than ninety (90) days after the date the shareholder