California Code, Business and Professions Code - BPC § 8045

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.

Cite this article: - California Code, Business and Professions Code - BPC § 8045 - last updated January 01, 2019 |

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