Section 3672

Bus. & Prof. Code § 3672, under Naturopathic Corporations.

Bus. & Prof. Code § 3672

The income of a naturopathic 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 their shares in the naturopathic corporation.

(Amended by Stats. 2024, Ch. 497, Sec. 50. (SB 1526) Effective January 1, 2025. Repealed as of January 1, 2027, pursuant to Section 3686.)