{"code":"BPC","codeName":"Business and Professions Code","section":"2409","citation":"Bus. & Prof. Code, § 2409","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. HEALING ARTS [500. - 4999.202.]","url":"https://blackletter.si/business-and-professions-code/division-2"},{"name":"CHAPTER 5. Medicine [2000. - 2529.8.1.]","url":"https://blackletter.si/business-and-professions-code/division-2/chapter-5"},{"name":"ARTICLE 18. Corporations [2400. - 2417.5.]","url":"https://blackletter.si/business-and-professions-code/division-2/chapter-5/article-18"}],"history":"Added by Stats. 1980, Ch. 1314, Sec. 4.4.","effective":null,"html":"<p>The income of a medical and podiatry corporation attributable to professional services rendered while a shareholder is a disqualified person, as defined in Section <a href=\"/corp/13401\">13401</a> of the Corporations Code, shall not in any manner accrue to the benefit of such shareholder or his or her shares in such a professional corporation.</p>","text":"The income of a medical and podiatry 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 such shareholder or his or her shares in such a professional corporation.","otherVersions":[],"url":"https://blackletter.si/business-and-professions-code/corporations-2409","source":"California Legislative Information bulk export (pubinfo)"}