California Corporations Code 31012 – “Fraud” and “deceit” are not limited to common law fraud or deceit.
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“Fraud” and “deceit” are not limited to common law fraud or deceit.
(Added by Stats. 1970, Ch. 1400.)
Terms Used In California Corporations Code 31012
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Fraud: Intentional deception resulting in injury to another.