California Business and Professions Code 2779 – Except as provided in Sections 13401.5 and 13403 of the Corporations …
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Except as provided in Sections 13401.5 and 13403 of the Corporations Code, each shareholder, director and officer of a nursing corporation, except an assistant secretary and an assistant treasurer, shall be a licensed person as defined in § 13401 of the Corporations Code.
(Added by Stats. 1981, Ch. 621, Sec. 2.)
Terms Used In California Business and Professions Code 2779
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.