§ 12697 Corporate Law Effective Date

Corporations Code·California

AI SummaryVerified

This rule says that for lawsuits about a company, the new law is used if the case starts on or after Jan 1 1984, and the old law is used if the case started before that date but is still going on after Jan 1 1984.

Key Takeaways

•New law applies to cases that start on/after Jan 1 1984.
•Old law stays in charge for cases that started before Jan 1 1984 but are still open after that date.
•The rule only matters for lawsuits involving a corporation.

Example

A company is sued for not delivering goods and the lawsuit is filed in March 1984.

Because the case began after Jan 1 1984, the new law (Section 12490) decides how the case works.

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

Official Source

View on CA.gov

§ 12697 Corporate Law Effective Date

Section 12490 of the new law shall apply to actions commenced on or after January 1, 1984, with respect to a subject corporation. The prior law shall govern actions which are commenced prior to January 1, 1984, but are still pending on January 1, 1984. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

Section 12490 subject corporation January 1, 1984

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12697.

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Key Takeaways

Example

Key Terms

Related Statutes

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