California Corporations Code 12679 – Any person violating Section 12311, and any corporation carrying on …
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Any person violating Section 12311, and any corporation carrying on business outside the purpose for which it was formed, is guilty of a misdemeanor punishable by a fine of five hundred dollars ($500), or by imprisonment for not more than one year, or by both such fine and imprisonment.
(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)
Terms Used In California Corporations Code 12679
- Person: includes a corporation as well as a natural person. See California Corporations Code 18