Section 5155

Bus. & Prof. Code § 5155, under Accountancy Corporations.

Bus. & Prof. Code § 5155

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.

(Added by Stats. 1970, Ch. 1113.)