California Financial Code

§ 31951

FIN § 31951Div. 15 · Ch. 14

Statute text

Except as otherwise provided in Sections 31004 and 31952, the provisions of the General Corporation Law (Division 1 (commencing with Section 100), Title 1 of the Corporations Code) shall, on and after the effective date of this division, apply to each old corporation; provided, however, that, for purposes of the provisions of Chapter 23 (commencing with Section 2300) of the General Corporation Law, with respect to each old corporation:

(a)The term “effective date” shall mean the effective date of this division.

(b)The term “prior law” shall mean the old law.

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Legislative history

Amended by Stats. 1978, Ch. 965.