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 13. Shorthand Reporters [8000 - 8051]
( Chapter 13 added by Stats. 1953, Ch. 191. ) ARTICLE 5. Shorthand Reporting Corporations [8040 - 8051]
( Article 5 added by Stats. 1972, Ch. 1306. ) 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.
(Added by Stats. 1972, Ch. 1306.)