Can Your Corporation's Or LLC's Name Be An Emoji?

The word "emoji" is the romanization of two Japanese words (絵 and 文字) that together mean picture character.   Emojis essentially marry an ancient form of writing, pictography, to a modern technology, smart phones.  

Can Artificial Intelligence Beget A Corporation?

What if artificial intelligence takes control, could it begin to populate the world with corporations that it has begotten? To answer this question, one must define "artificial intelligence". Although several current California statutes refer to...

You Won't Find The Answers To These Questions In The California General Corporation Law

I am often struck by the fact that the California General Corporation Law simply fails to address many very basic questions of corporate law and procedure, including the following:

Does The Business Judgement Rule Protect Decisions Based On AI?

The California General Corporation Law entitles directors in performing their duties to rely upon information, opinions, reports or statements of others. Cal. Corp. Code § 309(b). Does the statute protect a director who relies upon a statement or...

Is There A President AI In Your Corporation's Future?

Artificial intelligence (AI) has attracted a great deal of attention of late.  Last week, for example, CNN headlined a recent story "Elon Musk warns AI could cause ‘civilization destruction’ even as he invests in it". If AI can write a credible term...

A Defining Characteristic Of Officers Is That They Hold An Office

The last several posts have been examining the definition, or lack thereof, of the term "officer".   The term is widely used, but is not necessarily defined by in corporation laws.  As noted in the first of these posts, Section 312 of the California...

Delaware's Definition Of "Officer" Fails To Define "Officer"

In yesterday's post, I posited that Delaware does and doesn't define "officer".   For the proposition that Delaware defines the term, I cited Delaware's deemed consent statute - 10 Del. Code § 3114. That statute, however, only appears to furnish a...

What Makes An Officer An Officer?

The word officer is used widely in the law.  For example, there are judicial officers, peace officers, and constitutional officers.  Even lawyers are often described as "officers of the court".  See, e.g., Hickmanv.Taylor, 329 U.S. 495, 510 (1947) ("...

The Jurisdictional Hole At The Center Of California's Proposed Decentralized Nonprofit Association Law

Yesterday's post focused on a California bill, AB 1229 (Haney), that would create a new Decentralized Nonprofit Association Law. Today's post drills down on what I see as fundamental flaw in the bill. In addition to defining a "Decentralized...

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