Section 29553.

Cal. Corporations Code - CORP § 29553.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
No action shall be maintained to enforce any liability under Section 29552 unless brought before the expiration of four years after the act or transaction constituting the violation or within one year after the discovery by the plaintiff of the facts constituting the violation, whichever occurs last.

References

referencesCal. Corporations Code - CORP § 29552.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements