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Cal. Bus. & Prof. Code § 4999.127

Professional Clinical Counselor Corporations

Added by Stats. 2011, Ch. 381, Sec. 13

The income of a professional clinical counselor 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 that shareholder or his or her shares in the professional clinical counselor corporation.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.