California · Health and Safety Code - HSC

HSC §1404: No licensee under this chapter shall have a direct or indirect financial interest in any medical facility doing business with the licensee.

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What this law says, in plain English

Licensed individuals cannot have direct or indirect financial interests in medical facilities that conduct business with them.

Read the full statutory text
No licensee under this chapter shall have a direct or indirect financial interest in any medical facility doing business with the licensee.

Verify at the official source: California legislative text

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.