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HomeCorporations CodeCh. 6§ 29555 No Private Civil Liability

§ 29555 No Private Civil Liability

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 29555 No Private Civil Liability

Key Takeaways

  • •This law says you can't sue someone just because they broke a rule in this law.
  • •If someone breaks a rule in this law, it doesn't automatically mean they owe you money.
  • •You can still sue someone if another law or old common rules say you can, even if this law doesn't.

Example

Your neighbor breaks a rule in this law by not following some safety steps, and you get hurt.

You can't sue your neighbor just because they broke that rule. But if another law says they were careless and that's why you got hurt, you might still be able to sue them.

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

Official Source
View on CA.gov

§ 29555 No Private Civil Liability

Except as explicitly provided in this law, no civil liability in favor of any private party shall arise against any person by implication from, or as a result of, the violation of any provision of this law or any rule or order under this law. Nothing in this law shall limit any liability which may exist by virtue of any other statute or under common law if this law were not in effect. (Added by Stats. 1990, Ch. 969, Sec. 2.)

Last verified: January 23, 2026

Key Terms

civil liabilityprivate partyviolationstatutecommon law

Related Statutes

  • § 25510 No Implied Private Liability
  • § 29551 State Punishment Power Preserved
  • § 29553 Four-Year Statute Limitations
  • § 31306 Preservation Of Other Liabilities
  • § 12480 Member Voting Rights

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 29555.
View Official Source