California Corporations Code

§ 17701.07

CORP § 17701.07 Effective Jan 1, 2013Title 2.6 · Art. 1

Statute text

(a)It is the policy of this title and this state to give maximum effect to the principles of freedom of contract and to the enforceability of operating agreements.

(b)Unless displaced by particular provisions of this title, the principles of law and equity supplement this title.

(c)Rules that statutes in derogation of the common law are to be strictly construed shall have no application to this title.

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Legislative history

Added by Stats. 2012, Ch. 419, Sec. 20. (SB 323) Effective January 1, 2013. Operative January 1, 2014, by Sec. 32 of Ch. 419.