§ 8045 Disqualified Shareholder Income Restriction

• •If a shareholder is disqualified (like they did something bad or aren't allowed to work in this job), the company can't give them money from the work they did while disqualified.
• •The company must keep that money away from the disqualified shareholder.
• •This rule is for a special kind of company that does shorthand reporting (like court reporters).

A court reporter gets in trouble and loses their license (becomes disqualified).

While they were disqualified, their company still did some work. The money from that work can't go to them, even if they own part of the company.