Business and Professions Code - BPC
DIVISION 3. PROFESSIONS AND VOCATIONS GENERALLY [5000 - 9998.11]
( Heading of Division 3 added by Stats. 1939, Ch. 30. ) CHAPTER 1. Accountants [5000 - 5158]
( Chapter 1 repealed and added by Stats. 1945, Ch. 1353. ) ARTICLE 9. Accountancy Corporations [5150 - 5158]
( Article 9 added by Stats. 1970, Ch. 1113. ) 5155.
The income of an accountancy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the accountancy corporation.
(Added by Stats. 1970, Ch. 1113.)