The income of a naturopathic corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined in Section 13401 of the Corporations Code, shall not in any manner accrue to the benefit of the shareholder or their shares in the naturopathic corporation.
Cal. Bus. & Prof. Code § 3672
Naturopathic Corporations
Known as the Naturopathic Doctors Act
The act spans §§ 3610–3686 (60 sections).
Amended by Stats. 2024, Ch. 497, Sec. 50
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.