Cal. Bus. & Prof. Code § 6166

Current through the 2023 Legislative Session.
Section 6166 - No accrual of income to disqualified person

The income of a law 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 law corporation.

Ca. Bus. and Prof'l. Code § 6166

Added by Stats. 1968, Ch. 1375.