California CodesCode of Civil Procedure - CCPPart 2 — Of Civil ActionsTitle 2 — Of the Time of Commencing Civil ActionsChapter 4 — General Provisions as to the Time of Commencing ActionsSection 359
This title does not affect actions against directors, shareholders, or members of a corporation, to recover a penalty or forfeiture imposed, or to enforce a liability created by law; but such actions must be brought within three years after the discovery by the aggrieved party of the facts upon which the penalty or forfeiture attached, or the liability was created.
Notes
Sets a three-year limitations period for actions against corporate directors, shareholders, or members to recover a legally imposed penalty or forfeiture or enforce a liability created by law. The three years run from the aggrieved party’s discovery of the facts giving rise to the penalty, forfeiture, or liability, notwithstanding this title’s other provisions.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 359 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-2/chapter-4/section-359