California Corporations Code

§ 17713.12

CORP § 17713.12 Effective Jan 1, 2023Title 2.6 · Art. 13

Statute text

(a)A limited liability company is liable for a civil penalty in an amount not exceeding one million dollars ($1,000,000) if the limited liability company does both of the following:

(1)Has actual knowledge that a member, officer, manager, or agent of the limited liability company does any of the following:

(A)Makes, publishes, or posts, or has made, published, or posted, either generally or privately to the members or other persons, either of the following:

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Legislative history

Amended by Stats. 2022, Ch. 452, Sec. 67. (SB 1498) Effective January 1, 2023.