California Codes, Business and Professions Code - BPC, Division 2 — Healing Arts, Chapter 11 — Veterinary Medicine, Article 6 — Veterinary Corporations, Section 4913
The income of a veterinary 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 veterinary corporation.
Notes
Prohibits income of a veterinary corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined by the Corporations Code, from accruing in any manner to that shareholder's benefit or to the benefit of the shareholder's shares in the veterinary corporation.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 4913 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-2/chapter-11/article-6/section-4913