BlackletterCalifornia law

Business and Professions Code § 5155

ARTICLE 9. Accountancy Corporations

Current as of September 28, 2026Bus. & Prof. Code, § 5155Official source ↗

Added by Stats. 1970, Ch. 1113.

The income of an accountancy corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Moscone-Knox Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the accountancy corporation.