California CodesBusiness and Professions Code - BPCDivision 3 — Professions and Vocations GenerallyChapter 3 — ArchitectureArticle 7 — Architectural CorporationsSection 5610.5

The income of a professional architectural corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined in the Moscone-Knox Professional Corporation Act (Part 4 (commencing with Section 13400) of Division 3 of Title 1 of the Corporations Code), shall not in any manner accrue to the benefit of that shareholder or their shares in the professional architectural corporation.

Notes

Prohibits income of a professional architectural corporation attributable to professional services rendered while a shareholder is a statutorily defined disqualified person from accruing in any manner to that shareholder or the shareholder’s shares. The restriction applies specifically to income tied to services rendered during the shareholder’s disqualification.

Use as reference

Lexinter.net | California Code, Business and Professions Code - BPC § 5610.5 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-3/article-7/section-5610-5

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