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Earlier editions: 2020-112018-112026-09

TITLE 4. SECURITIES 25000-31528›DIVISION 5. FRANCHISE INVESTMENT LAW 31000-31528›PART 4. ENFORCEMENT 31300-31420›CHAPTER 1. Civil Liability 31300-31306

§ 31303

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

No action shall be maintained to enforce any liability created under Section 31300 unless brought before the expiration of four years after the act or transaction constituting the violation, the expiration of one year after the discovery by the plaintiff of the fact constituting the violation, or 90 days after delivery to the franchisee of a written notice disclosing any violation of Section 31110 or 31200, which notice shall be approved as to form by the commissioner, whichever shall first expire.

(Added by Stats. 1970, Ch. 1400.)

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