Bus. & Prof. Code, § 4999.127 · Article 7. Professional Clinical Counselor Corporations
Bus. & Prof. Code, § 4999.127
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The income of a professional clinical counselor 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 that shareholder or his or her shares in the professional clinical counselor corporation.
Notes and commentary — not statutory text
History
Added by Stats. 2011, Ch. 381, Sec. 13. (SB 146) Effective January 1, 2012.
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=4999.127.
- Text hash
- sha256 aa23c3bd5a143e240cc0988cfccc82581fa9224f79d8481004e58634f87923e1
- 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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