Corp. Code, § 13403 · Part 4. PROFESSIONAL CORPORATIONS
Corp. Code, § 13403
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The provisions of the General Corporation Law shall apply to professional corporations, except where such provisions are in conflict with or inconsistent with the provisions of this part. A professional corporation which has only one shareholder need have only one director who shall be such shareholder and who shall also serve as the president and treasurer of the corporation. The other officers of the corporation in such situation need not be licensed persons. A professional corporation which has only two shareholders need have only two directors who shall be such shareholders. The two shareholders between them shall fill the offices of president, vice president, secretary and treasurer.
A professional medical corporation may establish in its articles or bylaws the manner in which its directors are selected and removed, their powers, duties, and compensation. Each term of office may not exceed three years. Notwithstanding the foregoing, the articles or bylaws of a professional medical corporation with more than 200 shareholders may provide that directors who are officers of the corporation or who are responsible for the management of all medical services at one or more medical centers may have terms of office, as directors, of up to six years; however, no more than 50 percent of the members of the board, plus one additional member of the board, may have six-year terms of office.
Notes and commentary — not statutory text
History
Amended by Stats. 1980, Ch. 36.
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=CORP§ionNum=13403.
- Text hash
- sha256 6ce5d5b843d2a61ee5ecab31a308e2f360e583fa07dc72167d485f150929ba5e
- 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
Cited by 20 provisions
Provisions in this library whose text cites Corp. Code, § 13403. Each shows the citation as that text prints it.
Business and Professions Code
- Bus. & Prof. Code, § 1055Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 1805Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 2408Printed as Sections 13401.5 and 13403 of the Corporations Code | Sections 13401.5, 13403, 13406, and 13407 of the Corporations Code
- Bus. & Prof. Code, § 2537.2Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 2694Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 2779Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 2997Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 3164Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 3544Printed as Sections 13401.5 and 13403 of the Corporations Code
- Bus. & Prof. Code, § 3673Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 4912Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 4977.2Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 4987.8Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 4998.3Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 4999.126Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 5154Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 5610.4Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 6161Printed as Section 13403 of the Corporations Code
- Bus. & Prof. Code, § 6165Printed as Sections 13403 and 13406 of the Corporations Code
- Bus. & Prof. Code, § 8044Printed as Section 13403 of the Corporations Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.