California Code
CHAPTER 4.5 - Tax Treatment of S Corporations and Their Shareholders
Section 23808.

23808. Sections 1373 and 1379 of the Internal Revenue Code shall not be applicable.

(Amended by Stats. 1988, Ch. 11, Sec. 64. Effective February 19, 1988. Applicable to income years beginning on or after January 1, 1988, by Sec. 93 of Ch. 11.)