BlackletterCalifornia law

Business and Professions Code § 4153

ARTICLE 10. Pharmacy Corporations

Current as of September 28, 2026Bus. & Prof. Code, § 4153Official source ↗

Added by Stats. 1996, Ch. 890, Sec. 3. Effective January 1, 1997.

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.