§ 359 Corporate directors, stockholders or members; actions to recover penalty or forfeiture or enforce liability; inapplicability of title; limitation period

Codes > California Code of Civil Procedure > Part 2 > Title 2 : Chapter 4 > 359

§ 359. Corporate directors, stockholders or members; actions to recover penalty or forfeiture or enforce liability; inapplicability of title; limitation period

    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.