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Cal. Code of Civil Procedure § 359 : Of The Time Of Commencing Civil Actions — California Code Of Civil Procedure — General Provisions As To The Time Of Commencing Actions — Actions against directors, shareholders or members of corporations to recover penalty or forfeiture

Current through the 2016 Legislative Session

This title does not affect actions against directors, shareholders, or members of a corporation, to recover a penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought within three years after the discovery by the aggrieved party of the facts upon which the penalty or forfeiture attached, or the liability was created.

Ca. Civ. Proc. Code § 359