§ 12690 Corporate Law Definitions

Corporations Code·California

AI SummaryVerified

This law just tells us what it means when the rules say “new law,” “prior law,” or “subject corporation” in the sections that follow.

Key Takeaways

•“New law” is the corporate code that began on Jan. 1, 1984.
•“Prior law” is the corporate code that was in effect on Dec. 31, 1983.
•A “subject corporation” is any corporation that fell under the old rules before the new law started.

Example

A company that was following the old corporate rules on Dec. 31, 1983 now has to be looked at under the new rules that started on Jan. 1, 1984.

Because the company was covered by the old rules (the “prior law”), it is called a “subject corporation” and the new rules (the “new law”) will apply to it after the start date.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 12690 Corporate Law Definitions

As used in Sections 12690 to 12704, inclusive, of this part: (a) “New law” means Part 2 (commencing with Section 12200) of Division 3 of Title 1 of the Corporations Code enacted by the California Legislature during the 1981–82 Regular Session and operative January 1, 1984. (b) “Prior law” means Part 2 (commencing with Section 12220) of Division 3 of Title 1 of the Corporations Code in effect on December 31, 1983. (c) “Subject corporation” means any corporation described in subdivision (a) of Section 12202 and subject to the prior law. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

New law Prior law Subject corporation

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12690.

§ 12690 Corporate Law Definitions

Corporations Code·California

AI SummaryVerified

§ 12690 Corporate Law Definitions

This law just tells us what it means when the rules say “new law,” “prior law,” or “subject corporation” in the sections that follow.

Key Takeaways

•“New law” is the corporate code that began on Jan. 1, 1984.
•“Prior law” is the corporate code that was in effect on Dec. 31, 1983.
•A “subject corporation” is any corporation that fell under the old rules before the new law started.

Example

A company that was following the old corporate rules on Dec. 31, 1983 now has to be looked at under the new rules that started on Jan. 1, 1984.

Because the company was covered by the old rules (the “prior law”), it is called a “subject corporation” and the new rules (the “new law”) will apply to it after the start date.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 12690 Corporate Law Definitions

Last verified: January 10, 2026

Key Terms

New law Prior law Subject corporation

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12690.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References