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Business and Professions Code § 5610.5

‹ § 5610.4§ 5610.6Open in browserleginfo ↗

5610.5.

The income of a professional architectural corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined in the Moscone-Knox Professional Corporation Act (Part 4 (commencing with Section 13400) of Division 3 of Title 1 of the Corporations Code), shall not in any manner accrue to the benefit of that shareholder or their shares in the professional architectural corporation.

(Amended by Stats. 2024, Ch. 482, Sec. 19. (SB 1452) Effective January 1, 2025.)