California CodesBusiness and Professions Code - BPCDivision 2 — Healing ArtsChapter 9 — PharmacyArticle 10 — Pharmacy CorporationsSection 4153

The income of a pharmacy 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 his or her shares in the pharmacy corporation.

Notes

Prohibits income of a pharmacy 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 pharmacy corporation.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 4153 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-2/chapter-9/article-10/section-4153

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