{"data":{"id":"us-ca/bpc-2999","jurisdiction":"us-ca","citation":"BPC § 2999","heading":"","body":"The board may adopt and enforce regulations to carry out the purposes and objectives of this article, including regulations requiring (a) that the bylaws of a psychological corporation shall include a provision whereby the capital stock of that corporation owned by a disqualified person, as defined in Section 13401 of the Corporations Code, or a deceased person, shall be sold to the corporation or to the remaining shareholders of that corporation within any time as those regulations may provide, and (b) that a psychological corporation shall provide adequate security by insurance or otherwise for claims against it by its patients or clients arising out of the rendering of professional services.","path":["Business and Professions Code - BPC","DIVISION 2. HEALING ARTS [500. - 4999.202.]","CHAPTER 6.6. Psychologists [2900. - 2999.106.]","ARTICLE 9. Psychological Corporations [2995. - 2999.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"83de1e49135f614aa0078d35346531f85e9d22edee6903fb742eab0615f68dd3","source_id":"us-ca","stale":false,"prev":"us-ca/bpc-2998","next":"us-ca/bpc-2999.100"},"notice":"GroundRules: Original legal text. Not legal advice."}
