Sections
9 entriesSection 8040Defines a shorthand reporting corporation as a corporation authorized to provide professional services while the corporation and its shareholders, officers, directors, and…Section 8042Establishes as unprofessional conduct, and as a violation of the chapter, a licensed person’s violation, attempted violation, direct or indirect violation, assistance…Section 8043Requires a shorthand reporting corporation’s name and any professional-service name to be restricted to names or surnames of specified current, prospective, former,…Section 8044Requires each director, shareholder, and officer of a shorthand reporting corporation to be a licensed person as defined in Section 13401 of…Section 8045Prohibits income of a shorthand reporting corporation attributable to professional services rendered while a shareholder is a statutorily defined disqualified person from…Section 8046Prohibits a shorthand reporting corporation from doing, or failing to do, any act when that conduct or omission would constitute unprofessional conduct…Section 8047Allows the board to adopt and enforce rules for shorthand reporting corporations, including requiring bylaws or articles to mandate sale of stock…Section 8050Prohibits covered shorthand-reporting individuals and entities from seeking improper transcript compensation, giving one party advance transcript access or exclusive service, or failing…Section 8051Allows non-shorthand-reporting corporations, from July 1, 2022, to register for covered reporting with a qualified reporter-in-charge, paying $500 annually until January 1,…