California Statutes
§ 12444. — 12444. (Added by Stats. 1982, Ch. 1625, Sec. 3.)
California § 12444.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.3.
Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES
Part 2.PART 2. COOPERATIVE CORPORATIONS
Ch. 3.CHAPTER 3. Members
Art. 5.ARTICLE 5. Rights and Obligations of Members and Creditors
This text of California § 12444. (12444. (Added by Stats. 1982, Ch. 1625, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Corporations Code - CORP Code § 12444. (2026).
Text
Nothing in this part shall be construed as in derogation of any rights or remedies which any creditor or member may have against any promoter, member, director, officer or the corporation because of participation in any fraud or illegality practiced upon such creditor or member by any such person or by the corporation or in derogation of any rights which the corporation may have by rescission, cancellation or otherwise because of any fraud or illegality practiced on it by any such person.
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Legislative History
Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.
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Bluebook (online)
California § 12444., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/12444..