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HomeBusiness and Professions CodeDiv. 2Ch. 2Art. 2§ 1056 Chiropractic Corporation Income Rules

§ 1056 Chiropractic Corporation Income Rules

Business and Professions Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 1056 Chiropractic Corporation Income Rules

Key Takeaways

  • •If a chiropractor owner is not allowed to work (like if their license is suspended), the money they make from their work can't go to them.
  • •The chiropractic business can't give any of that money to the owner who is in trouble.
  • •This rule is to make sure only qualified people get paid for chiropractic work.

Example

A chiropractor loses their license for a year but still owns part of a chiropractic clinic.

Even if the clinic makes money from patients, the chiropractor who lost their license can't get any of that money until they are allowed to work again.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 1056 Chiropractic Corporation Income Rules

The income of a chiropractic corporation attributable to professional services rendered while a shareholder is a disqualified person (as defined in the Professional Corporation Act) shall not in any manner accrue to the benefit of such shareholder or his shares in the chiropractic corporation. (Added by Stats. 1970, Ch. 1110.)

Last verified: January 22, 2026

Key Terms

chiropractic corporationdisqualified personprofessional services

Related Statutes

  • § 1050 Chiropractic Corporation Registration
  • § 1051 Chiropractic Corporation Registration Requirements
  • § 1053 Chiropractic Corporation Reporting Requirements
  • § 1054 Chiropractic Corporation Naming Rules
  • § 1055 Chiropractic Corporation Licensing Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Business and Professions Code. Section 1056.
View Official Source