“Fraud,” “deceit,” and “defraud” are not limited to common law fraud or deceit.

(Repealed and added by Stats. 1968, Ch. 88.)

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Terms Used In California Corporations Code 25006

  • 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.