The income of an acupuncture 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 such shareholder or his or her shares in the acupuncture corporation.
Cal. Bus. & Prof. Code § 4977.1
Acupuncture Corporations
Known as the Acupuncture Licensure Act
The act spans §§ 4925–4979 (55 sections).
Repealed and added by Stats. 1980, Ch. 1314, Sec. 2.2
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.