§ 336a Six years; corporate obligations held by public; corporate mortgages, deeds of trust, etc.

Codes > California Code of Civil Procedure > Part 2 > Title 2 : Chapter 3 > 336a Six

§ 336a. Six years; corporate obligations held by public; corporate mortgages, deeds of trust, etc.

    Within six years. 1. An action upon any bonds, notes or debentures issued by any corporation or pursuant to permit of the Commissioner of Corporations, or upon any coupons issued with such bonds, notes or debentures, if such bonds, notes or debentures shall have been issued to or held by the public.

    2. An action upon any mortgage, trust deed or other agreement pursuant to which such bonds, notes or debentures were issued. Nothing in this section shall apply to bonds or other evidences of indebtedness of a public district or corporation.