As used in Sections 12690 to 12704, inclusive, of this part: (a) âNew lawâ means Part 2 (commencing with Section 12200) of Division 3 of Title 1 of the Corporations Code enacted by the California Legislature during the 1981â82 Regular Session and operative January 1, 1984. (b) âPrior lawâ means Part 2 (commencing with Section 12220) of Division 3 of Title 1 of the Corporations Code in effect on December 31, 1983. (c) âSubject corporationâ means any corporation described in subdivision (a) of Section 12202 and subject to the prior law.
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