Bus. & Prof. Code, § 2780 · Article 3.5. Nursing Corporations
Bus. & Prof. Code, § 2780
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The income of a nursing 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 nursing corporation.
Notes and commentary — not statutory text
History
Amended by Stats. 2023, Ch. 510, Sec. 40. (SB 887) Effective January 1, 2024.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=2780.
- Text hash
- sha256 954bc45d52ffdf540c94caaf0fabf9940420b0d59d1a6dfe4ebe65e7afcc66bf
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Corporations Code
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