There is a newer version of the California Code
2011 California Code
Corporations Code
TITLE 1. CORPORATIONS [100 - 14551]
ARTICLE 2. General Provisions and Definitions
Section 12217
CA Corp Code § 12217 (through 2012 Leg Sess) What's This?
All references in this part to financial statements of a corporation mean statements prepared in conformity with generally accepted accounting principles or some other basis of accounting which reasonably sets forth the assets and liabilities and the income and expenses of the corporation and discloses the accounting basis used in their preparation.
(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)
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